Floating capital
Defined in 2 dictionaries — Ballentine's (1916), Bouvier (1914)
Ballentine's Law Dictionary
James A. Ballentine · 1916
Funds set apart for general expenses.
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
Capital retained for the purpose of meeting current expenditure. Lt includes raw materials destined for fabrication, such as wool and flax products in the warehouses of merchants or manufacturers; such as cloth or linen and money for wages and stores. De Laveleye, Pol. Be.