Difference between revisions of "Capital Assets - U.S. Government"
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| − | + | Land, structures, equipment, and [[intellectual property]] (e.g., [[software]]) that are used by the Federal Government and have an estimated useful life of two years or more. '''Capital assets''' exclude items acquired for resale in the ordinary course of operations or held for the purpose of physical consumption such as operating materials and supplies. | |
| + | [[category:United States Government]] | ||
| + | [[category: economics]] | ||
| + | [[category: finance]] | ||
| + | [[Category:Budget terms]] | ||
Revision as of 16:07, September 13, 2011
Land, structures, equipment, and intellectual property (e.g., software) that are used by the Federal Government and have an estimated useful life of two years or more. Capital assets exclude items acquired for resale in the ordinary course of operations or held for the purpose of physical consumption such as operating materials and supplies.