Which of the following terms refers to capital investments restricted by purpose?

The term that refers to capital investments restricted by purpose is "appropriated budget." An appropriated budget is one that designates specific funding for particular projects or purposes. This form of budgeting ensures that resources are allocated only for their intended uses, which is especially important in governmental contexts where accountability and transparency in spending are critical.

When a budget is appropriated, it indicates that the legislative body has formally approved the allocation of funds for specific capital projects, which may include infrastructure, public facilities, or other long-term investments. Such restrictions on the use of funds help organizations manage their financial resources effectively and ensure compliance with legal and regulatory requirements.

Understanding the appropriated budget is crucial for grasping how governmental entities allocate resources, as it directly influences capital investment decisions and budgeting practices within the public sector.