Capital spending refers to investments made in the long-term assets of a company, such as equipment, buildings, and property. Synonyms for capital spending include capital investment, capital expenditure, fixed asset investment, and long-term investment. These terms all refer to the same concept of a company investing in its future growth and development. Capital investment is an important aspect of financial planning for any organization, as it provides a measure of the resources available to fund future growth and expansion. Effective management of capital spending can help companies build a solid foundation for long-term success, while minimizing risk and maximizing profitability.