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LSDefine

Simple English definitions for legal terms

capital transaction

Read a random definition: discount

A quick definition of capital transaction:

Capital transaction: A capital transaction is when someone buys, sells, or trades something that is worth a lot of money. This thing is called a capital asset. It could be a house, a car, or even a business. When you do a capital transaction, you are making a big financial decision that could have a big impact on your money.

A more thorough explanation:

A capital transaction is when someone buys, sells, or trades a capital asset. A capital asset is something that a person or business owns that is used to make money, like a building or a piece of equipment.

  • Buying a new office building
  • Selling a piece of machinery
  • Trading a truck for a forklift

These examples show how a capital transaction involves the exchange of a capital asset. When a business buys a new office building, they are exchanging money for a new asset that they can use to make money in the future. When they sell a piece of machinery, they are exchanging that asset for money. And when they trade a truck for a forklift, they are exchanging one asset for another that they believe will be more useful to them.

capital surplus | capitaneus

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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