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TeachMeFinance.com - explain
Floating capital
historic definition...
Floating capital -- Capital not represented by a permanent
investment ; in other words, capital invested in things produced,
whether raw material, articles in process of completion
or articles completed, and in pay for labor and services, as
wages and salaries.
About the author
 |
Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
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