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Capital goods |
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Capital goodsGoods used by firms to produce other goods, e.g., office buildings, machinery, equipment.Capital goods Similar MatchesCapital market line (CML)Capital market line (CML)The line defined by every combination of the risk-free asset and the market portfolio. The line represents the risk premium you earn for taking on extra risk. Defined by the capital asset pricing model. Capitalisation issueCapitalisation issueSee 'scrip issue'. Cost of limited partner capitalCost of limited partner capitalThe discount rate that equates the after-tax inflows with outflows for capital raised from limited partners. Capital growthCapital growthIn general terms, the increase in value of an asset.As far as shares are concerned, capital growth is an increase in share price compared to what you paid, and is one of the elements of what investors called 'total return', the other component being income through dividends.Research has shown that investing in shares over the last 50 years produced a better total return than investments in bonds or deposits, and capital growth has been a major part of that superior performance. There is certainly no guarantee that shares will continue to outperform other investments, but most observers believe that they will over the long term. Leveraged recapitalizationLeveraged recapitalizationOften used in risk arbitrage. A public company takes on significant additional debt with the purpose of either paying an extraordinary dividend or repurchasing shares, leaving the public shareholders with a continuing interest in a more financially leveraged company. Popular form of shark repellent See: Stub. Further Suggestionsissued share capitalCapital scarce Portfolio capital Financial capital Return to capital Capital Gains Capital turnover Capital market imperfection Venture Capital Capital gain Perfect capital market Capital Morgan Stanley Capital International Emerging Markets Global Index Capitalization rate capital assets capital expenditure Capital account Pie model of capital structure Capital account surplus Small capitalization (small cap) fund Crony capitalism Human capital Short-term capital flow capital Balance on capital account |
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