capital asset
Noun
Meaning
(accounting) An asset that is recorded on a balance sheet as capital - that is, property that creates more property, such as a factory that creates shoes, or a forest that yields a quantity of wood.
(finance) An asset in the sense of accounting, but also including financial assets such as stocks or bonds.
Source: en.wiktionary.orgExamples
There's nothing more important than our good health - that's our principal capital asset.
Finally, Carnegie Capital Asset Management LLC raised its position in NVIDIA by 4.1% in the 3rd quarter.
Carnegie Capital Asset Management LLC now owns 7,407 shares of the oil and gas company’s stock valued at $450,000 after purchasing an additional 196 shares in the last quarter.
Carnegie Capital Asset Management LLC cut its stake in shares of ConocoPhillips (NYSE:COP) by 29.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC.
But UPM’s request that it be exempt from capital asset taxes appears not to have been accepted.
Deacon Erickson, who became a Catholic in 1997, is capital asset manager for the VA New York/New Jersey Healthcare Network and attends St. Thomas parish in Delmar.