What are capital expenditures?

Capital Expenditures: expenditures to acquire capital assets or expenditures to make additions, improvements, modifications, replacements, rearrangements, reinstallations, renovations, or alterations to capital assets that materially increase their value or useful life 

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1. What are capital expenditures?
2. What are capital assets?
3. Is a capital expenditure an eligible use?
4. What should be considered when submitting a Capital Expenditure project?
5. What are some examples of capital expenditures?
6. What should be considered for the written justification for a capital expenditure of $1M or greater?