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Refinance and Mortgage Encyclopedia - capital
Capital(1) Money used to create incomeMoney you make from a job or from business or property., either as an investmentThe utilization of money in the expectation of future returns in the form of income or capital gain. in a business or an income propertyReal estate developed or purchased to produce income, such as a rental unit.. (2) The money or propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. comprising the wealth owned or used by a personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS ยง38a-1(14)). or business enterprise. (3) The accumulated wealth of a person or business. (4) The net worthThe value of all of a person's assets, including cash, minus all liabilities. of a business represented by the amount by which its assetsAny item with measurable value. exceed liabilitiesYour debts and other monetary obligations.. Capital1. AssetsAny item with measurable value. less liabilitiesYour debts and other monetary obligations., representing the ownershipThe right of one or more persons to possess and use property to the exclusion of all others. A collection interestThis is the amount that is imposed when payment is remitted after the due date. in a business; 2. A stockAn instrument that signifies an ownership position in a corporation. of accumulated goods, especially at a specified time and in contrast to incomeMoney you make from a job or from business or property. received during a specified time period; 3. Accumulated goods devoted to the production of goods; 4. Accumulated possessions calculated to bring income.
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