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Machine Purchase
The acquisition of industrial or office machinery, usually considered a long-term investment in assets.
Extraordinary Repair
Major repairs extending the useful life of an asset far beyond the normal maintenance.
Betterment
The act of improving or increasing the value of an asset or property through enhancements or upgrades.
Capital Expenditure
Financial resources deployed by a business to buy or enhance tangible assets like real estate, factories, or machinery.
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