Simple English definitions for legal terms
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Capital outlay refers to the money a business spends on acquiring, equipping, and promoting itself. This includes expenses for things like buying property, equipment, and advertising. Essentially, it is the money a business invests in itself to help it grow and succeed.
Definition: Capital outlay refers to the money spent on acquiring, equipping, and promoting a business. It is a type of capital expenditure.
Examples:
These examples illustrate how capital outlay involves spending money on assets that will benefit a business in the long term. By investing in new equipment or a new building, a business can improve its operations and increase its capacity to generate revenue. Similarly, investing in marketing and advertising can help a business attract new customers and increase sales.