Pronunciation: /ˈkeɪpɛks/
noun Capital expenditure, funds used by a company to acquire, upgrade, and maintain physical assets such as property, buildings, equipment, or technology.
A1 Capex refers to capital expenditures, or money spent on acquiring or upgrading physical assets.
A2 Companies need to carefully plan their capex budget to ensure they are investing in the right areas.
B1 The finance department is responsible for managing the company's capex and opex budgets.
B2 The board of directors approved the capex proposal for a new manufacturing facility.
C1 The CFO presented a detailed analysis of the company's capex spending over the past year.
C2 The capex allocation for research and development projects was increased to drive innovation.
formal The company is planning to invest in new machinery with a significant capex allocation.
informal The company is putting a lot of money into new equipment, it's their capex for the year.
slang The boss said we need to spend some serious cash on upgrades, that's our capex for the quarter.
figurative Investing in your education is a form of personal capex that will pay off in the long run.
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