Business Pitch Dictionary by pitch.dog
Cash flow & liquidity · Core

Capital expenditure

Also called: capex

ELI5

Spending to acquire or improve long-term assets, subject to accounting classification.

Used in conversation

“How are we defining capital expenditure in this deck?”

Pitch context

You will see “Capital expenditure” in financial models, budgets, board packs and investor materials when the discussion reaches cash flow & liquidity.

Why it matters: In cash flow & liquidity, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Sources & evidence · 4

Direct term-level sources and supporting source families.