Definition of working capital fund

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TeachMeFinance.com - explain working capital fund



working capital fund

'working capital fund' is an military term. It means '(DOD) A revolving fund established to finance inventories of supplies and other stores, or to provide working capital for industrial-type activities'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".

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