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Working capital (1)
WORKING CAPITAL (1)

Definitions:

i. (business) The money that is needed to run a business rather than the money that is used to buy buildings and equipment when starting the business.

ii. Funds which can be used in meeting expenses, as distinct from the fixed capital represented by buildings, site values, etc.
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* All six elements should be in.


1. Purposeful and necessary (see definition).

2. Adequate or enough in the proprietor's estimation.

3. Provided timely or promptly (connect to #4).

4. At hand or available and/or accessible, whenever required.

5. Money is in the appropriate form(s) - currency/currencies, notes and/or coins, 'loose change', deposit, etc., etc.

6. Use serves purpose(s) or achieves goal(s).
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