Financial capital is money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc.
Read more about Financial Capital: Three Concepts of Capital Maintenance Authorized in IFRS, Sources of Capital, Differences Between Shares and Debentures, Fixed Capital, Working Capital, Instruments, Own and Borrowed Capital, Issuing and Trading, Broadening The Notion, Marxian Perspectives, Valuation, Economic Role
Famous quotes containing the words financial and/or capital:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
—Lyndon Baines Johnson (1908–1973)
“Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
—Abraham Lincoln (1809–1865)