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2017 Word of the Year

circulating capital

noun
1.
the portion of capital goods that consists of goods in process, inventories of finished goods, and raw materials.
Also called circulating capital goods.
Compare fixed capital.
Origin of circulating capital
1770-1780
First recorded in 1770-80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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16
22
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