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has gloss | eng: Circulating capital is a term used by classical economists such as Adam Smith, David Ricardo and Karl Marx. It refers to physical capital and operating expenses, i.e., short-lived items that are used in production and used up in the process of creating other goods or services. This is roughly equal to Intermediate consumption. It includes raw materials, intermediate goods, inventories, ancillary operating expenses and (working capital). It is contrasted with fixed capital. |
lexicalization | eng: circulating capital |
instance of | c/Capital |
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