Capital expenditure固定资产支出；资本性支出/资本开支

较长时间后才能获得收益的支出，多指购置固定资产或加以改进以延长其使用寿命或增加产量。固定资产支出应资本化并在固定资产使用年限中作折旧处理。固定资产支出在税收上享受减免，但某些非正常支出，如承租人改进固定资产的支出除外。亦指就资本向股东分配股息，这是一种侵害公司资本的不法行为。

Capital expenditure is the money spent by the government on the development of machinery, equipment, building, health facilities, education, etc. It also includes the expenditure incurred on acquiring fixed assets like land and investment by the government that gives profits or dividend in future.

revenue expenditure收益性支出/营运开支

收益性支出又称收益支出。“资本性支出”的对称。是指企业单位在经营过程中发生、其效益仅与本会计年度相关、因而由本年收益补偿的各项支出。这些支出发生时，都应记入当年有关成本费用科目。

Revenue expenditures are short-term expenses used in the current period or typically within one year. Revenue expenditures include the expenses required to meet the ongoing operational costs of running a business, and thus are essentially the same as operating expenses (OPEX).

收益性支出不同于资本性支出，前者全部由当年的营业收入补偿，后者先记作资产，通过计提折旧或摊销分年摊入各年成本费用。区分收益性支出和资本性支出，是为了正确计算各年损益和正确反映资产的价值。如把收益性支出作为资本性支出，结果是少计了当期费用，多计了资产价值，虚增利润；反之，则多计了当期费用，少计了资产价值，虚减利润。

以下为相关双语示例，供参考：

Capital expenditure comprises additions to leasehold land and land use rights, investment properties, properties under development, and other properties, plant and equipment, including additions resulting from acquisitions through business combinations.

资本支出包括添置租赁土地及土地使用权、投资物业、发展中物业以及其他物业、厂房及设备，包括透过业务合并来自收购之添置。

In reply, the Administration advised that if a Hong Kong company paid for the right to use an IPR which it did not own, the revenue expenditure could enjoy tax deduction as provided under the existing Inland Revenue Ordinance (Cap.112) ("IRO"), but the capital expenditure was not eligible for tax deduction, both under the existing IRO and under the Bill.

政府当局回答时表示，如某香港公司支付费用，以获得其并无拥有的知识产权的使用权，根据现行《税务条例》(第 112章 )，当中的收益性支出可获扣税，但根据现行《税务条例》及条例草案，当中的资本支出则不能获得扣

All of the Company’s issued and outstanding Ordinary Shares and all the Company’s underlying outstanding options are subject to (i) a right of first refusal in favor of the Company upon any proposed transfer (other than transfers for estate planning purposes); and (ii) a lock-up or market standoff agreement of not less than 180 days following the Company’s initial public offering pursuant to a registration statement filed with the SEC under the Securities Act.