Series 79: CapEx

Taken from our FINRA Investment Banking Exam

Definition of the term CapEx...

funds used by a company to acquire new assets or to improve existing assets in order to increase or maintain overall operating capacity. CapEx is short for capital expenditures.

Since you're reading about Series 79: CapEx, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!