Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed

Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed fixed capital. Fixed capital refers to the capital invested in long-term assets such as land, buildings, machinery, equipment, vehicles, furniture, and fittings. These assets are used in the production of goods or services and are expected to provide benefits to the company for a period exceeding one year. Working capital, on the other hand, refers to the capital invested in short-term assets such as inventory, accounts receivable, and cash, that are used in the day-to-day operations of the business. Circulation capital is another term for working capital. Fictitious capital is a Marxist economic concept that refers to the artificial value assigned to financial assets such as stocks and bonds. Capital owned refers to the total amount of capital that a company has, which includes both fixed and working capital.