From Longman Business Dictionarycapital equipmentˌcapital eˈquipment FINANCE buildings, machinery etc used by a business to produce its goods or services, or by a country in its buildings, roads, water supplies etcSYNFIXED ASSETThis small engineering firm makes capital equipment used to process rubber and plastics.Proceeds from the share issue will be used to repay debt and purchase capital equipment. → equipment
