👉 Compital is a term used in accounting to describe an asset or liability that is expected to be recovered from its value. In other words, it refers to assets or liabilities that are considered to be "compounded" over time. Compitals can be tangible (e.g., equipment) or intangible (e.g., goodwill).
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What is the definition of Compitalia? 🙋
👉 The term "compitalia" is a Latin word that means "wealth or prosperity." It is often used in the context of economic or political systems to refer to the state of being prosperous or well-off. In other words, it refers to the state of having enough money or resources to support oneself and one's family.
