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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
In fiscal year 2012-13, the CAPEX plans of 17 CPSEs were identified for close monitoring.
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.
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.
Although not as dramatic as the opex savings, NSP's analysis includes also found significant capex savings.

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