oboloo Glossary

Capital Asset

oboloo Glossary

Capital Asset

Capital Asset Definition

A capital asset is an item of value owned by an individual or corporation. The value may be in the form of cash, stocks, bonds, or other assets. Capital assets are used to generate income and are not intended for personal use.

Some examples of capital assets include:

-Real estate

-Investment property

-Stocks and bonds

-Business equipment

-Intellectual property

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