Glossary

Capital

Capital has various meanings. In financial terms, a company’s capital is the total of the assets that it owns. However, the term ‘capital’ might also be used to refer to the total value of these assets minus liabilities (unpaid bills, un-repaid borrowing, etc.)

In Marxist theory and some related strands of political economics, capital refers to anything that is bought in order to be sold again for financial profit.

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