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- pronunciation:
- wuhr
kIng
kae
pih
tl
part of speech: |
noun |
definition 1: |
that portion of the capital of a business or corporation that is not invested in fixed assets but is instead kept liquid for day-to-day operating expenses.
- similar words:
- capital
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definition 2: |
in accounting, the amount left over when all liabilities have been subtracted from the figure representing an individual's or group's total assets.
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