circulating capital

noun

the portion of capital goods that consists of goods in process, inventories of finished goods, and raw materials.

Origin of circulating capital

First recorded in 1770–80

Still less is any light thrown on the question by the nature of circulating capital, as Adam Smith understands it.
A Critical Examination of Socialism | William Hurrell Mallock
The circulating capital, which is in the country now, is not the same circulating capital which was in the country two years ago.
Political economy | W. Stanley Jevons
A greater proportion of its circulating capital, which forms the wages fund, must be converted into fixed capital.
Economic Sophisms | Frederic Bastiat
What is circulating capital for one person is not capital for another, but revenue, as for instance capital advances for wages.
The Accumulation of Capital | Rosa Luxemburg
This part is called circulating capital and it comprises seed, raw materials for manufacture, and wages.
The Accumulation of Capital | Rosa Luxemburg

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