# Formal capital (liquid assets)

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- Post ID: 589691
- Modified: 2023-07-25T21:01:14+00:00
- Language: en

## Definition

Any sum of money at all; monetary capital, cash resources. - More rarely also: the value of an asset expressed in money, as it is assessed in business accounting. - The term is common in older national economics - conversion of formal capital as "abstract economic potential" into real capital and justification of interest. - See monetary capital formation, capital, wealth, interest allocation function. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1