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:
“A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.”
—Lionel Trilling (1905–1975)
“There was a sound of revelry by night,
And Belgium’s capital had gathered then
Her beauty and her chivalry, and bright
The lamps shone o’er fair women and brave men;
A thousand hearts beat happily; and when
Music arose with its voluptuous swell,
Soft eyes looked love to eyes which spake again,
And all went merry as a marriage-bell;
But hush! hark! a deep sound strikes like a rising knell!”
—George Gordon Noel Byron (1788–1824)