Capital Improvement Law and Legal Definition
A capital improvement is defined by contract and varying state and federal laws, but generally is defined as a non-recurring expenditure or any expenditure for physical improvements, including costs for: acquisition of existing buildings, land, or interests in land; construction of new buildings or other structures, including additions and major alterations; construction of streets and highways or utility lines; acquisition of fixed equipment; landscaping; and similar expenditures. It may mean any change, alteration, rearrangement or addition to existing facilities. It is also new construction, acquisition or improvements to sites, buildings, or service systems.
Legal Definition list
Related Legal Terms
- Acquisition and Improvement Loan [Veterans' Relief]
- Adjusted Capital Contribution
- Adventure Capitalist
- Airport Capital Plan [Aeronautics and Space]
- Anarcho-Capitalism
- Anti Car Theft Improvements Act
- Best's Capital Adequacy Relativity - BCAR
- Board of Trustees of the Internal Improvements Trust Fund
- Book Capital
- Broadband Data Improvement
