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What does CAPEX mean?

Looking for the meaning or definition of the word CAPEX? Here's what it means.

Noun
  1. (business, finance) Abbreviation of capital expense.
  2. (business, finance) Abbreviation of capital expenditure.
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Examples
Capex is usually the last factor to turn in a cyclical recovery.
While capex plans for this year have improved, they still remain listless, despite the strong Canadian dollar, which reduces the cost of capital equipment.
Most PSU heads assured Chidambaram of meeting the capex target for this fiscal.
Even so, the US will still account for 30 per cent of the total capex.
The provider receives more revenue at higher profit because capex and opex are reduced through the use of more cost-effective optical Ethernet technology.
The challenge to reduce CAPEX and getting more from OPEX means enterprises are reassessing the ownership and management of their IT infrastructure.

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