0 the money belonging to a company that is immediately available for business use, rather than money it has in investments or property --
1 the money that a company needs to operate and produce its goods or provide its services, for example to make payments to employees, suppliers, etc. before it has been paid by customers: --
And, finally, when husbands are unemployed or underemployed, a high proportion of women's earnings are spent on household expenses instead of being accumulated and used as investment and working capital.
Farm families themselves financed most of the growth of primarily labour-intensive rural industries, much of which required primarily shortterm borrowing for working capital, rather than investing heavily in fixed capital.
Particularly for a short-term tenant it must have been difficult to procure his working capital or to obtain any credit without the presence of a well-functioning capital-market.
It could be used flexibly as part of the farming area, or as a source of income through renting, or alternatively as security for loans raised to increase working capital.
The challenge is to source sufficient starting capital and avoid the ever-present danger of running down one's working capital by using it for necessary consumption rather than business operations.
We allow for working capital by assuming that a fraction of the intermediate firms' wage bill has to be financed in advance through loans from a financial intermediary.
Initial working capital stock in place for old tech.
Initial working capital stock in place for new tech.
