working capital

noun

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

working capital

noun

1. accounting current assets minus current liabilities
2. current or liquid assets
3. that part of the capital of a business enterprise available for operations

Word History and Origins

Origin of working capital¹

First recorded in 1900–05

Related Words

• venture capital