CAPITALIZATION

1. for accounting purposes, the process of converting expected earnings (or an expense item – see DAC) into an asset

2. the total of long-term capital (eg long-term loans; notes; bonds; mortgages; and stock) that are used – by a business – to purchase assets.

Congratulations! You're now Froogled Up™ on what "Capitalization" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,

www.FroogleMe.com