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The amount of money or property that a company or a person uses in carrying on a business; national or individual wealth as produced by industry and available for reinvestment in the production of goods.

1 Answer

2 votes

Answer:

Capital.

Step-by-step explanation:

Capital is the amount of money or property that a company or a person uses in carrying on a business; national or individual wealth as produced by industry and available for reinvestment in the production of goods.

Hence, capital is generally considered to be a tangible asset used to produce goods and services in order to meet the needs or wants of customers and bring benefits or satisfaction to them.

Generally, there are four (4) main types of capital and these are;

1. Debt.

2. Equity.

3. Working capital.

4. Trading capital.

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