In this subtitle the following terms have the meanings indicated. “Capital equipment” means any item of equipment that, by generally accepted accounting principles, is capitalized for purposes of accounting. “Capital lease” means any lease, conditional sale, installment sale, or similar agreement, defined as a capital lease in accordance with generally accepted accounting principles, that is used to finance: the acquisition or construction of improvements to real property, under § 3-602 of this article; or the acquisition of capital equipment. “Capital lease” includes a master lease.