Types of Capital Goods and How They Differ from Consumer Goods.

Capital goods: Types, Examples, and Comparison to Consumer Goods What is capital goods and consumer goods? Capital goods are defined as physical or intangible assets that are used in the production of other goods and services. Capital goods can include machinery, equipment, tools, buildings, and vehicles. They are also known as durable goods, and their … Read more

Clearance Certificate Definition.

A clearance certificate is a document that proves that an individual or company has no outstanding tax liabilities. In order to obtain a clearance certificate, the individual or company must first file all required tax returns and pay any taxes owed. Once the tax returns have been filed and the taxes have been paid, the … Read more