An account recording capital expenditure, or the amount of capital held by a business, country, etc.; (also) part of a nation's balance-of-payments recording the outflow and inflow of financial securities.
Origin
Early 19th century; earliest use found in The Farmer's Magazine.
Definition of capital account in US English:
capital account
noun
An account recording capital expenditure, or the amount of capital held by a business, country, etc.; (also) part of a nation's balance-of-payments recording the outflow and inflow of financial securities.
Origin
Early 19th century; earliest use found in The Farmer's Magazine.