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| Resources for Entrepreneurs | Entrepreneur's Glossary | ||||
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Working Capital
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Definition of Working CapitalWorking capital includes cash and short term assets that can be used to pay for an organization's current needs.
Companies use working capital to pay bills, buy inventory and purchase equipment. In accounting terms, working capital is the excess of current assets over current liabilities as of any given date. If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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