Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

circulating capital

Read a random definition: Board of Green Cloth

A quick definition of circulating capital:

Circulating capital refers to the money or assets that a business has available for immediate use in its day-to-day operations. This includes things like cash, inventory, and accounts receivable. It is important for a business to have enough circulating capital to meet its current expenses and obligations. Other types of capital include fixed capital, which is money invested in long-term assets like land and machinery, and equity capital, which is money provided by a company's owners in exchange for ownership in the company.

A more thorough explanation:

Definition: Circulating capital refers to funds or assets that are not fixed and are used in the day-to-day operations of a business. It is also known as floating capital.

Example: A retail store uses circulating capital to purchase inventory, pay employees, and cover other expenses such as rent and utilities. These funds are constantly circulating and are not tied up in long-term investments or fixed assets.

This example illustrates how circulating capital is essential for businesses to operate smoothly. Without it, a business would not be able to cover its daily expenses and would eventually fail.

circular note | circumduction

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.