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:
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“A good many have been thrown out on their broad capital bases.”
—John Dos Passos (1896–1970)