释义 |
Capital improvement
Capital improvementAn improvement made to real estate that has an extended lifetime and increases the property’s value, such as new construction, rehabilitation, or replacement of mechanical equipment, as opposed to maintenance work.capital improvement
capital improvementSee capital expenditure. Capital ImprovementAn improvement made to extend the useful life of a property or add to its value. Major repairs such as the replacement of a roof are capital improvements. The costs of capital improvements to business property must be capitalized and may be depreciated. |