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:
“Traditionally, marriage involved a kind of bartering, rather than mutual inter-dependence or role sharing. Husbands financially and economically supported wives, while wives emotionally, psychologically and socially supported husbands. He brought home the bacon, she cooked it. He fixed the plumbing, she the psyche.”
—Bettina Arndt (20th century)
“It is a bore, I admit, to be past seventy, for you are left for execution, and are daily expecting the death-warrant; but ... it is not anything very capital we quit. We are, at the close of life, only hurried away from stomach-aches, pains in the joints, from sleepless nights and unamusing days, from weakness, ugliness, and nervous tremors; but we shall all meet again in another planet, cured of all our defects.”
—Sydney Smith (1771–1845)