Difference between revisions of "Capital"
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"Capital" consists of money or other assets that can be exchanged for goods or services. It is the basis for [[capitalism]]. | "Capital" consists of money or other assets that can be exchanged for goods or services. It is the basis for [[capitalism]]. | ||
| − | The term "capital" has a | + | The term "capital" has a specialised meaning in accounting, and a broader meaning in economics. |
In accounting, "capital" the net worth or stockholders' equity in a company. | In accounting, "capital" the net worth or stockholders' equity in a company. | ||
Revision as of 04:11, March 14, 2007
"Capital" consists of money or other assets that can be exchanged for goods or services. It is the basis for capitalism.
The term "capital" has a specialised meaning in accounting, and a broader meaning in economics.
In accounting, "capital" the net worth or stockholders' equity in a company.
In economics, "capital goods" includes anything used to produce goods, including machines, tools and factories.
