Sentence Examples with the word circulating capital

Its circulating capital is also composed of four parts - (I) money, (2) provisions in the hands of the dealers, (3) materials and (4) completed work in the hands of the manufacturer or merchant.

Next comes the distinction of the gross national revenue from the net - the first being the whole produce of the land and labour of a country, the second what remains after deducting the expense of maintaining the fixed capital of the country and that part of its circulating capital which consists of money.