Dictionary
working capital
liquid assets available for a business' day-to-day trading
The better a company manages its working capital, the less the company needs to borrow.
Phrase Bank
- The loan provides the company with more working capital.
- Proceeds will be used for acquisition of technology and for working capital.
- The company will have to concentrate on raising more working capital before spending more on new equipment.
Additional Notes
- Working Capital = Current Assets - Current Liabilities