working capital


noun

the amount of capital needed to carry on a business.
Accounting. current assets minus current liabilities.
liquid capital assets as distinguished from fixed capital assets.

Origin of working capital

First recorded in 1900–05
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for working capital

working capital

noun

accounting current assets minus current liabilities
current or liquid assets
that part of the capital of a business enterprise available for operations
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012