WordValenoun
working capital
the funds available for a company's day-to-day operations
In more detail
1. (noun) the money and other assets a company has available to use for its day-to-day operations and short-term expenses
2. (noun) the difference between a company's current assets and current liabilities
Examples
- 1. The company needs more working capital to pay its suppliers and employees.
- 2. Strong working capital is essential for a business to survive economic downturns.
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