Fixed Capital
This is money which is used to purchase assets that will remain permanently in the business and help it to make a profit.
Read more about this topic: Financial Capital
Famous quotes containing the words fixed and/or capital:
“Indeed, I thought, slipping the silver into my purse ... what a change of temper a fixed income will bring about. No force in the world can take from me my five hundred pounds. Food, house and clothing are mine for ever. Therefore not merely do effort and labour cease, but also hatred and bitterness. I need not hate any man; he cannot hurt me. I need not flatter any man; he has nothing to give me.”
—Virginia Woolf (1882–1941)
“Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.”
—Mohandas K. Gandhi (1869–1948)