What does capitalized cost mean?

capitalized cost meaning in Law Dictionary

this is actually the complete selling price regarding the vehicle you're renting. There are other charges included like fees, permit charges, and name and purchase fees.

capitalized cost meaning in Business Dictionary

cost recorded because the price of a hard and fast asset. These types of prices are written off as depreciation over several bookkeeping times, in the place of being charged-off as a cost in accounting duration in which they have been incurred.