Top definition
(ECONOMICS) the capital that a business sells in order to make money. The obvious example is the inventory of a convenience store; in this case, the circulating capital is the merchandise, and the fixed capital includes the cash register, the display racks, and so on.
In other cases, the circulating capital consists of raw materials or supplies; for example, a mechanic has transmission fluid or air filters, while a dress maker has muslin and thread.
In other cases, the circulating capital consists of raw materials or supplies; for example, a mechanic has transmission fluid or air filters, while a dress maker has muslin and thread.
An entrepreneur makes money by hanging onto fixed capital as long as possible, and getting rid of circulating capital as fast as possible.
by Abu Yahya May 04, 2010
Apr 27 Word of the Day
A horoscope so bad that it strikes fear into the heart of the reader, rendering them unable take action or make a decision on anything or to even leave the house. This is caused by a paralyzing fear that those actions or decisions may cause the predictions to come true.
After reading "There is a lot of uncertainty around financial transactions and investments right now, and the wrong decision could result in dire consequences" in his daily Horrorscope, Edward climbed back into bed, pulled the sheets over his head and remained there for the rest of the day.
Edward only had enough gas in his car to get to the gas station but was not sure if he had enough money in his account to pay for gas. His cell phone service had been cut off because his payments were in arrears, and since the only way he could be sure he had enough money (to pay for gas) would be to call the bank, he felt it best to hide in bed and hope his horoscope for tomorrow was more positive.
Edward only had enough gas in his car to get to the gas station but was not sure if he had enough money in his account to pay for gas. His cell phone service had been cut off because his payments were in arrears, and since the only way he could be sure he had enough money (to pay for gas) would be to call the bank, he felt it best to hide in bed and hope his horoscope for tomorrow was more positive.
by Edward Albee Deavers April 28, 2011