The Enterprise and Economic Development Glossary a resource of the .network library

capital:

... anything that can be converted to money in hand as an available resource; accumulated wealth. The .network definition of economic growth states that its comes about from an influx of capital which is put to use for the common good of those who live and work together in a location. One definition of economic development process states that it is a process of increasing the flow ... of capital through the community and reducing its leakage, (source).

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The Enterprise and Economic Development Glossary a resource of the .network library

capital asset:

... as related to the allocation and deployment of monetary resources or the supplying of funds; property used as leverage to obtain loans or to make money—Wikipedia clarifies term usage.

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Blane, Canada Ltd / Economic Development Marketing Letter, January 2004 / newsletter archive. Look under economic development category for: Increasing the flow ... of capital through the community and reducing its leakage is a definition of economic development. Other definitions are only pretenders to the crown. So, what have you done for your community today?

CLICK HERE for other definitions of economic development

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