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单词 capital
释义 capital

1) Man-made means of production. Capital goods are goods designed to be used in production, for example machinery. capital consumption is an estimate of the investment needed to keep the capital stock constant. The capital stock adjustment model explains investment as an attempt to bring the actual level of capital into line with what firms want, which depends on their output. human capital refers to skills and experience which enhance a worker's productivity. Human capital differs from material capital in that it cannot be bought or sold (except in the case of slavery), and thus cannot be used as collateral for loans.

2) A stock of financial assets, which can be used to provide an income. The capital of a company is the initial stock of money with which it started trading, plus subsequent retained profits. This capital may be spent on buying capital goods, or it may be circulating capital, held as money balances or used to give credit to customers. The capital market is the system through which firms are provided with capital in this sense. Firms sell shares to investors; capital gains tax are made if these shares, or other assets, rise in value and are resold at a profit. capital gains tax (CGT) is a tax on realized capital gains. The capital asset pricing model (CAPM) is used to explain the prices of capital assets. The capital account is the part of the balance-of-payments accounts concerned with transactions, such as international lending and foreign direct investment, which do not constitute income for the recipient. Capital account transactions change the form in which a given total of assets is held.

3) The social class of those who derive most of their income from owning property. capitalist are individual members of this class. capitalism is the economic system in which an important role in decision-making is taken by the owners of capital, including both its real and financial forms.

See also:

authorized capital, cost of capital, human capital, issued capital, marginal efficiency of capital, marginal productivity of capital, paid-up capital, physical capital, risk capital, sources of capital, venture capital, and working capital

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更新时间:2024/9/21 10:31:23