In economics, a capital budget is the sums allocated by an organization for future capital expenditure. The capital budget may well encompass a longer period than the next accounting period. Research Capital Budget
Capital expenditure is expenditure on capital assets. Capital expenditure is not deducted from profits, as an asset is acquired rather than a loss being made. However, as a capital asset loses value by depreciation, the amount of the depreciation is charged against profit. Research Capital Expenditure
An enterprise zone is an area, designated as such by the government, in which its aim is to restore private- sector activity by removing certain tax burdens and by relaxing certain statutory controls. Benefits, which are available for a 10-year period, include: exemption from rates on industrial and commercial property; 100% allowances for corporation- and income-tax purposes for capital expenditure on industrial and commercial buildings; exemption from industrial training levies; and a simplified planning regime. Research Enterprise Zone
The gross domestic product (GDP) is the monetary value of all the goods and services produced by an economy over a specified period. It is measured in three ways: (1) on the basis of expenditure, i.e. the value of all goods and services bought, including consumption, capital expenditure, increase in the value of stocks, government expenditure, and exports less imports; (2) on the basis of income, i.e. income arising from employment, self-employment, rent, company profits (public and private), and stock appreciation; (3) on the basis of the value added by industry, i.e. the value of sales less the costs of raw materials. In Britain, statistics for GDP are published monthly by the government on all three bases, although there are large discrepancies between each measure. Economists are usually interested in the real rate of change of GDP to measure the performance of an economy, rather than the absolute level of GDP. Research Gross Domestic Product
In business, growth stocks are securities that are expected to offer the investor sustained capital growth. Investors and investment managers often distinguish between growth stocks and income stocks. The former are expected to provide capital gains; the latter, high income. The investor will usually expect a growth stock to be an ordinary share in a company whose products are selling well and whose sales are expected to expand, whose capital expenditure on new plant and equipment is high, whose earnings are growing, and whose management is strong, resourceful, and investing in product development and long-term research. Research Growth Stocks
The Probert Encyclopaedia was designed, edited and programed by
Matt and Leela Probert
Abbreviations
Research Capital Budget
