working capital
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Definition(s):
- (n) assets available for use in the production of further assets
Usage(s):
- WorldCom's working capital sank to a negative $8 billion in 2000 even as its long-term debt was burgeoning to more than $30 billion in 2001.
- A bad working capital position is a handicap which tends to cause contraction of business.
- Consolidated's new V-loan amounts to about 20 times current working capital.
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