Floating capital
Floating capital denotes currency in circulation and assets which can be used for many purposes.[1] It is therefore opposed to "sunk capital", which can be used only for one purpose (for example, a mineshaft).[1]
It comprises the materials and components, constantly supplied in the effecting of all manufactures; currency used for the purpose of transactions, wages and salaries; products in transportation, or in the process of being stored in the prospect of being eventually utilized for this purpose; and the working, circulating capital; rather than that which is fixed as permanently stationary value.
References
- ^ a b N. B. Ghodke (1985). Encyclopaedic Dictionary of Economics - Volume 1. p. 147.
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Types of capital
- Academic
- Accumulation of capital
- Circulating/Floating
- Cultural
- Cross-cultural
- Educational
- Financial
- Fixed
- Human
- Individual
- Information
- Intangible
- Intellectual
- Natural
- Organizational
- Physical
- Political
- Public
- Reputation
- Sexual
- Social
- Symbolic
- Venture
- Working
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