working cap

Made-up name for money lended from business finance company to a business by James Thompson.

Hey this is James Thompson, inventor of all things ever made in the universe, universe included. I can get you some working cap, that's what I call it in 'the biz' you know? HAHA! No, but seriously not only can I get you working cap, but I'll also sell you my pet chupacabra for a pack of cigarettes. I may have no life, money, credibility or truth to anything I say, but I can get you some working cap for about 35% interest. I used to own Dubai also, then sold it after I found some less than stellar info on an audit I was doing for the Israeli government, but whatever. So what do you say about that working cap?!

by anti-JT December 20, 2010

working cape race

Used to describe someone who is too preoccupied with the task at hand to notice potential obstacles and hazards.

Comes from the response of Jack Phillips, senior wireless officer on the RMS Titanic, to a message from Cyril Evans, wireless officer for the SS Californian, which was meant to notify him of ice dangers in the waters the Titanic was passing through. Phillips -- who was busy relaying a backlog of messages from the as-yet-intact Titanic's passengers through the wireless center at Cape Race, Newfoundland -- responded to the loud interruption with the phrase, "Shut up; I'm working Cape Race!" The Titanic struck and iceberg and sank

Sue: "Does John not realize he's working himself into a corner?"
James: "No, he's working cape race."

by Anonymous4910 November 26, 2016