working capital 
noun [mass noun] Finance
The capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities. Also called net current assets.In the current environment, working capital management may not be top of your agenda but, ideally, it should be....
- These might include funds for acquisitions or simply working capital to carry out day-to-day operations.
- Some businesses irreparably damage their working capital position by extending unrealistic credit to customers.
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