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capital improvement |
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capital improvement See capital expenditure. Capital Improvement An improvement made to extend the useful life of a property or add to its value. Major repairs such as the replacement of a roof are capital improvements. The costs of capital improvements to business property must be capitalized and may be depreciated. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Eight months ago SL Green announced completion of a $25 million capital improvement at the 39-story, 462,853 s/f office tower located on Fifth Avenue at 43rd Street, and the building is currently 100% leased. That’s because each biennium, the state uses bond money to pay for many of its capital improvement projects. There are 23 capital improvement projects on the books at the university totaling $1. |
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