Geothermal Systems Engineering
Capital expenditures, often referred to as CapEx, are the funds used by a company to acquire or upgrade physical assets such as property, buildings, or equipment. These investments are crucial for companies to maintain or expand their operational capabilities and are typically long-term in nature. Unlike operating expenses, which cover day-to-day operational costs, capital expenditures are intended for projects that will provide benefits over several years.
congrats on reading the definition of Capital Expenditures. now let's actually learn it.