the money that is spent in purchasing and marketing a business.
Money spent to obtain, preserve, repair, or update capital possessions. Money possessions, also referred to as fixed assets, can sometimes include machinery, land, facilities, or any other company necessities which are not expended during normal use. Capital outlays, also called capital expenses, are recorded by accounting firms as debts on company stability sheets.
In1900-1901the area was 203,540 acres, the highest ever attained, and the capital outlay amounted to Rx.2,623,703.