Reference > Brewer’s Dictionary > Capital.

 Capet (Cap-pay).Capital Fellow (A). 
E. Cobham Brewer 1810–1897. Dictionary of Phrase and Fable. 1898.
Money or money’s worth available for production.   1
        “His capital is continually going from him [the merchant] in some shape, and returning to him in another.”—Adam Smith: Wealth of Nations, vol. i. book ii. chap. i. p. 276.
   Active capital. Ready money or property readily convertible into it.   2
   Circulating capital. Wages or raw material. This sort of capital is not available a second time for the same purpose.   3
   Fixed capital. Land, buildings, and machinery, which are only gradually consumed.   4
   Political capital is something employed to serve a political purpose. Thus, the Whigs make political capital out of the errors of the Tories, and vice versâ.   5
        “He tried to make capital out of his rival’s discomfiture.”—The Times.

 Capet (Cap-pay).Capital Fellow (A). 


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