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cent of attenuated discussions were never raised at a future meeting. Draw
your own conclusions.
W
Working capital Short-term funds to be turned over rapidly as they
enable the firm to carry out its day-to-day trading. Business growth fre-
quently places increasing demands on working capital that can, in extreme
cases, have such an effect on cash flows that the company fails.
Glossary (and soapbox) 245
