capital project



Long-term investment project requiring relatively large sums to acquire, develop, improve, and/or maintain a capital asset (such as land, buildings, dykes, roads).

Use capital project in a sentence

  • The treasurer report as presented to the fire department's board of directors last Tuesday listed a community hot tub as a necessary capital project for the community. An investigation is pending.

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  • The capital project was underway and I thought it would be very important for us to finish it as quickly as we could.

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  • If you are dealing with a capital project you must make sure that it will be worth all of the time and effort.

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