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new capital asset

Defined in 1 dictionary — U.S. Code

United States Code

14 U.S.C. § 5102 — in this section (2 versions over time)

In this section, the term “new capital asset” means—

(1) an acquisition program that does not have an approved acquisition program baseline; or

(2) the acquisition of a capital asset in excess of the number included in the approved acquisition program baseline.