知識社群ePortfolio登入
working capital
by 趙永祥 2015-03-27 09:45:35, 回應(0), 人氣(924)


BusinessDictionary.com
 
  

 
Term of the Day

Date: Thursday, March 26, 2015

working capital

1. The cash available for day-to-day operations of an organization. Strictly speaking, one borrows cash (and not working capital) to be able to buy assets or to pay for obligations. Also called current capital

2. Accounting: net liquid assets computed by deducting current liabilities fromcurrent assets. The amount of available working capital is a measure of a firm's ability to meet its

...
Learn more about this term
Usage Example
The store owner's two-part goal was to pay off his debt as quickly as possible while maintaining sufficient working capital to comfortably manage his business.