capital

Vocabulary Word

Definition

'Capital' is a versatile term. Geographically, it identifies the city where a country's government is located. In the economy, 'capital' refers to the financial assets or the resources necessary for generating profit, including cash, buildings, and machinery.

Examples in Different Contexts

In finance, 'capital' means the financial resources a company has. A CFO might state, 'We need to raise more capital for our expansion plans.'

Practice Scenarios

Academics

Scenario:

We need to update our curriculum. It is crucial we develop students' creative thinking skills for future workplace challenges.

Response:

Absolutely, by focusing on STEM subjects, we're enhancing our students' human capital for the future market.

Public-Policy

Scenario:

There's a major healthcare policy change proposal next month. We need to bring our A-game to get the approval.

Response:

I'm reviewing the healthcare recommendations carefully. We need to be very persuasive when we present them in our capital.