Definition of CAPITAL


CAPITAL

political economy, commerce. In political economy, it is
that portion of the produce of a country, which may be made directly available
either to support the human species or to the facilitating of production.


2. In commerce, as applied to individuals, it is those objects, whether
consisting of money or other property, which a merchant, trader, or other
person adventures in an undertaking, or which he contributes to the common
stock of a partnership. 2 Bouv. Inst. n. 1458.

3. It signifies money put out at interest.

4. The fund of a trading company or corporation is also called capital,
but in this sense the word stock is generally added to it; thus we say the
capital stock of the Bank of North America.

Source: Bouviers Law Dictionary 1856 Edition

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