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working capital definition

working capital

  1. Accounting the excess of cash and liquid assets over current liabilities
  2. cash and other assets needed for the day-to-day operation of a business

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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"working capital." Webster's New World College Dictionary. 2009

  • Your Dictionary. 5 July 2009
  • <www.yourdictionary.com/working-capital>

APA Style

working capital. (2009). In Webster's New World College Dictionary

  • Retrieved July 5th, 2009, from www.yourdictionary.com/working-capital

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