capital asset

from The American Heritage® Dictionary of the English Language, 5th Edition.

• noun A long-term asset, such as land or a building.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun accounting An asset that is recorded on a balance sheet as capital - that is, property that creates more property, such as a factory that creates shoes, or a forest that yields a quantity of wood.
• noun finance An asset in the sense of accounting, but also including financial assets such as stocks or bonds.