DEFINITION OF 'CAPITAL'
1. Financial assets or the financial value of assets, such as cash.
2. The factories, machinery and equipment owned by a business and used in production.
“Capital” can mean many things. Its specific definition depends on the context in which it is used. In general, it refers to financial resources available for use. Companies and societies with more capital are better off than those with less capital.
Basic Balance Sheet Example Sample Balance Sheets
DEFINITION OF 'ASSET'
1. A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.
2. A balance sheet item representing what a firm owns.