Working Capital
Working capital is that part of capital invested which is used for running the business such like money which is used to buy stock, pay expenses and finance credit.
Read more about this topic: Financial Capital
Famous quotes containing the words working and/or capital:
“Dad, if you really want to know what happened in school, then you’ve got to know exactly who’s in the class, who rides the bus, what project they’re working on in science, and how your child felt that morning.... Without these facts at your fingertips, all you can really think to say is “So how was school today?” And you’ve got to be prepared for the inevitable answer—”Fine.” Which will probably leave you wishing that you’d never asked.”
—Ron Taffel (20th century)
“The capital is become an overgrown monster; which like a dropsical head, will in time leave the body and extremities without nourishment and support.”
—Tobias Smollett (1721–1771)