working capital

Found in Anh - Anh (Wordnet)

Definition Noun : - The liquid assets a company has available to fund its day-to-day operations and short-term obligations . It represents the difference between a company's current assets (like cash, inventory, and receivables) and its current liabilities (like debts and payables). This capital is "working" because it is actively used in the core business cycle to generate revenue. Usage This...