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noun

capex

/ˈkæpɛks/  ·  say it: KAP·eks

spending on long-term physical assets; capital expenditure

In Business & Marketing

In more detail

short for capital expenditure; money that a company or government spends on buying, building, or improving long-term assets such as equipment, buildings, or infrastructure

Examples

How to use capex

Capex is a technical abbreviation widely used in business, finance, and government contexts to discuss long-term investments in physical assets. It is typically contrasted with opex (operating expenses) and is common in financial statements, project planning, and budget discussions. The term is neutral and professional, used by accountants, investors, and policy makers.

Register: technical

Common phrases

Synonyms

capital expenditure · capital investment · capital spending · fixed asset investment

Opposites

opex · operating expense

Word family

capital expenditure (full form)

A common mistake

Learners sometimes confuse capex with opex or use capex when referring to all types of spending rather than specifically to purchases or construction of long-term, tangible assets.

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