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Capital is money. "Working capital" is money that is available for the day-to-day operation of a business or enterprise. A business might have assets in the building, equipment, fixtures or inventories, but that "worth" is not "liquid." Working capital is money that is available to buy goods, make payroll and grow the business while waiting for other receivables to come in.

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Q: What exactly is working capital and who does it pertain to?
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