Fixed Capital
This is money which is used to purchase assets that will remain permanently in the business and help it to make a profit.
Read more about this topic: Financial Capital
Famous quotes containing the words fixed and/or capital:
“Every morning I woke in dread, waiting for the day nurse to go on her rounds and announce from the list of names in her hand whether or not I was for shock treatment, the new and fashionable means of quieting people and of making them realize that orders are to be obeyed and floors are to be polished without anyone protesting and faces are to be made to be fixed into smiles and weeping is a crime.”
—Janet Frame (b. 1924)
“It is a capital blunder; as you discover, when another man recites his charities.”
—Ralph Waldo Emerson (18031882)
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