单词 | fixed capital |
释义 | > as lemmasfixed capital fixed capital n. capital which remains in the owner's possession, as working cattle, tools, machinery, etc. ΘΚΠ society > trade and finance > money > funds or pecuniary resources > [noun] > of an individual or company > remaining in owner's possession fixed capital1776 1776 A. Smith Inq. Wealth of Nations I. ii. i. 332 A herd of cattle that, in a breeding country, is bought in, neither for labour nor for sale, but in order to make a profit by their wool, by their milk, and by their increase, is a fixed capital . View more context for this quotation 1800 H. Beeke Observ. Produce Income Tax (new ed.) 93 A part of these enterprises proceed but slowly at present, because on a calculation of the gain, by use of money, its present high value makes it more prudent to wait till it may be at a lower rate of interest, and, consequently, converted into a fixed capital with greater advantage. 1825 J. R. McCulloch Princ. Polit. Econ. ii. ii. 95 What could he do without the assistance of fixed capital or tools? 1840 A. Potter Polit. Econ. viii. 189 It is not uncommon for manufacturers..to renounce the idea of getting any return from their fixed capital, and to work on, even under a loss upon their floating capital, in hopes of better times. 1878 W. S. Jevons Polit. Econ. v. 45 To invest capital..means to turn circulating into fixed capital, or less durable into more durable capital. 1891 W. Smart tr. Böhm-Bawerk Positive Theory Capital ix. 175 Almost every product is the result of the co-operation of a group of complementary goods consisting of uses of ground, labour, fixed and floating capital. 1942 W. B. Taylor Financial Policies of Business Enterprise iv. xiii. 288 Short-term loans..are usually self-liquidating and hence not adapted to the raising of fixed capital. 1991 Past & Present Aug. 173 Many industrialists had a higher proportion of their assets in fixed capital than did merchants and financiers. < as lemmas |
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