circulating capital


noun

the portion of capital goods that consists of goods in process, inventories of finished goods, and raw materials.

Nearby words

  1. circular velocity,
  2. circular-knit,
  3. circularity,
  4. circularize,
  5. circulate,
  6. circulating decimal,
  7. circulating library,
  8. circulating medium,
  9. circulation,
  10. circulator

Compare fixed capital.

Origin of circulating capital

First recorded in 1770–80

Also called circulating capital goods.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019