circulating capital
noun
the portion of capital goods that consists of goods in process, inventories of finished goods, and raw materials.
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Nearby words
circular velocity, circular-knit, circularity, circularize, circulate, circulating capital, circulating decimal, circulating library, circulating medium, circulation, 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