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Glossary   >   C   >   "Capital Asset" Definition            Capital Asset A long-term asset that is not bought or sold in the regular course of business. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Capital Asset - A long-term asset that is not bought or sold in the regular course of business.