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:
“What people don’t realize is that intimacy has its conventions as well as ordinary social intercourse. There are three cardinal rules—don’t take somebody else’s boyfriend unless you’ve been specifically invited to do so, don’t take a drink without being asked, and keep a scrupulous accounting in financial matters.”
—W.H. (Wystan Hugh)
“The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.”
—John Kenneth Galbraith (b. 1908)