TERM OF THE DAY capital expenditure (CAPEX) An amount spent to acquire or upgrade productive assets (such as buildings, machinery and equipment, vehicles) in order to increase the capacity orefficiency of a company for more than one accounting period. Also calledcapital spending. Learn more about this term Usage Example Office upgrades including new furniture and equipment fell under the company's total capital expenditure for the fourth quarter.   MARKETPLACE The Options Industry Council Make the most of Volatility. Stream a free Webcast from The Options Industry Council. Click to View This Offer...   FEATURED ARTICLE Should a Small Business Practice Total Quality Management? Total Quality Management is the dedicated effort to providing a continuously-increasing level of quality in an effort to retain the attention (and repeat... Read this article   VOICE YOUR OPINION What do you want?