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:
“Montesquieu well knew, and justly admired, the happy constitution of this country [Great Britain], where fixed and known laws equally restrain monarchy from tyranny and liberty from licentiousness.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Mr. Whistler always spelt art, and we believe still spells it, with a capital “I.””
—Oscar Wilde (1854–1900)
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