Exact(3)
Lost in this analogy is the fact that capital assets like aircraft depreciate over time.
And for the economy as a whole, investment in long-lived capital assets like factories and machine tools is of diminishing importance wherever it happens, in chip fabs or car assembly lines.
Hint #3: In order to preserve capital, don't consume or spend it, except on capital assets (like land, buildings, machines) and the necessities of existence.
Similar(57)
Typically, when the state borrows money, it does so to build a long-term capital asset, like a highway or a hospital, that will provide a benefit to its citizens for decades to come.
Currently when you sell a large capital asset like a company in the UK you are taxed via Capital Gains Tax or CGT.
As I explain in "Parking Meters and the Perils of Privatization," parking meters are not a public service like garbage collection, nor a capital asset like a toll road.
For speculators, wine futures are capital assets taxed like Microsoft shares.
DC: We're really like FedEx, except we don't have capital assets.
Cattle are vulnerable capital assets.
The volume of productive capital assets is not fixed.
Depreciation of capital assets was estimated in order to calculate annual capital costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com