commitments for capital expenditure

commitments for capital expenditure

Big dictionary of business and management. 2014.

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  • commitments for capital expenditure — Expenditure on fixed assets to which a company is committed for the future. The aggregate amounts of contracts for capital expenditure not provided for in the accounts for the year and the aggregate amount of capital expenditure authorized by the …   Accounting dictionary

  • capital commitments — commitments for capital expenditure Firm plans, usually approved by the board of directors in the case of companies, to spend sums of money on fixed assets Capital commitments must by law be shown by way of a note in the company accounts …   Big dictionary of business and management

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