Expenditures that increase the efficiency of an asset or extend its useful life are referred to as:

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Capital expenditures are expenses incurred to acquire, improve, or extend the life of an asset. These expenditures are capitalized (recorded as an asset) on the balance sheet and depreciated over the asset's useful life. Immediate expenses are regular operating expenses that are necessary to keep the business operating day-to-day. Equity expenditures are investments made by the company in order to increase shareholder equity, such as stock buybacks or dividend payments. Matching expenditures refer to expenses that are matched with revenue in a particular accounting period.

Expenditures That Increase the Efficiency of an Asset or Extend