What does capital budget mean?

capital budget meaning in Law Dictionary

may be the planning procedure accustomed see whether a firm's long term opportunities including brand new equipment, replacement equipment, brand new flowers, services, and research development tasks can be worth following.

capital budget meaning in Business Dictionary

Plan for increasing big and lasting sums for investment in-plant and equipment, over a period greater than the time considered under an operating budget. Methods like internal price of return, web present value, and payback period are used in generating capital budgets.