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English definition of “working capital”

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working capital

noun [U]
 
 
( also circulating capital, also operating capital)
ACCOUNTING, FINANCE, WORKPLACE the money that a company needs to operate and produce its goods or provide its services, for example to make payments to employees, suppliers, etc. before it has been paid by customers: Companies need large amounts of working capital in order to operate and grow. The joint venture will cost the group just $200,000 in working capital. a reduction/shortfall/increase in working capitalprovide/raise working capital An additional £820m revolving credit facility will provide working capital.
Translations of “working capital”
in Chinese (Traditional) 營運資本, 周轉資金…
in Chinese (Simplified) 营运资本, 周转资金…
(Definition of working capital from the Cambridge Business English Dictionary © Cambridge University Press)
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