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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Capital asset  

Definition 1.

A long-term asset, such as land or a building, not purchased or sold in the normal course of business.
 

Definition 2.

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

Definition 3.

All tangible property which cannot easily be converted into cash and which is usually held for a long period, including real estate, equipment, etc.
 
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