As Chief Engineer of Sydney Harbour Bridge and Metropolitan Railway Construction from 1912, Dr Bradfield is regarded as the father of the Bridge as it was his vision, enthusiasm, engineering expertise and detailed supervision of all aspects of its construction which brought Sydney's long held dream into reality.
What is a 'Capital Lease'. A capital lease is a contract entitling a renter to a temporary use of an asset, and such a lease has economic characteristics of asset ownership for accounting purposes. The capital lease requires a renter to add assets and liabilities associated with the lease if the rental contract meets specific requirements.
DEFINITION of 'Capitalized Cost'. An expense that is added to the cost basis of a fixed asset on a company's balance sâ hee t.Capitalized costs are incurred when building or financing fixed assets. Capitalized costs are not expensed in the period they were incurred, but recognized over a period of time via depreciation or amortizatio n.ach company has itâs own threshold for what they consider a cost or an expense. The roasting facilityâs packaging machine, itâs roaster, floor scales, green coffee inventory, and lunches are all items that would be considered capitalized costs on the companyâs books.