circulating capital
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noun
the portion of capital goods that consists of goods in process, inventories of finished goods, and raw materials.
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The rainy weather could not ________ my elated spirits on my graduation day.
Also called circulating capital goods .
Compare fixed capital.
Origin of circulating capital
First recorded in 1770–80
Words nearby circulating capital
circular saw, circular sinus, circular triangle, circular velocity, circulate, circulating capital, circulating decimal, circulating library, circulating medium, circulation, circulator
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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