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:
“[My father] was a lazy man. It was the days of independent incomes, and if you had an independent income you didn’t work. You weren’t expected to. I strongly suspect that my father would not have been particularly good at working anyway. He left our house in Torquay every morning and went to his club. He returned, in a cab, for lunch, and in the afternoon went back to the club, played whist all afternoon, and returned to the house in time to dress for dinner.”
—Agatha Christie (1891–1976)
“I still need more healthy rest in order to work at my best. My health is the main capital I have and I want to administer it intelligently.”
—Ernest Hemingway (1899–1961)