capital expenditure

from The American Heritage® Dictionary of the English Language, 5th Edition.

• noun Funds spent for the acquisition of a long-term asset.
• noun An amount of money spent in this way.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun Funds spent by a company to acquire or upgrade a long-term asset.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• noun the cost of long-term improvements