Financial capital is money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc.
Read more about Financial Capital: Three Concepts of Capital Maintenance Authorized in IFRS, Sources of Capital, Differences Between Shares and Debentures, Fixed Capital, Working Capital, Instruments, Own and Borrowed Capital, Issuing and Trading, Broadening The Notion, Marxian Perspectives, Valuation, Economic Role
Famous quotes containing the words financial and/or capital:
“America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub.”
—C. Wright Mills (1916–1962)
“Capital is money, capital is commodities.... By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.”
—Karl Marx (1818–1883)