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:
“Work is an essential part of being alive. Your work is your identity. It tells you who you are. It’s gotten so abstract. People don’t work for the sake of working. They’re working for a car, a new house, or a vacation. It’s not the work itself that’s important to them. There’s such a joy in doing work well.”
—Kay Stepkin, U.S. baker. As quoted in Working, book 8, by Studs Terkel (1973)
“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)