capital

Definition:
The wealth employed in a firm or available for use. The capital account represents the claim of the owner against the firm's business assets. The term 'capital' is commonly used in three specific senses: capital invested, capital employed and working capital. Capital invested is the amount of money introduced into the business by the owner, and represents their investment in the business. Capital employed is the amount of money being used in the firm, i.e. the total amount of fixed and current ASSETS at the disposal of the business. Working capital is the excess of the total current assets over the total current liabilities of the firm. Note that it is not only the cash available.

Cross-References:
[assets]

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