In economics, physical capital or just `capital` refers to a factor of production (or input into the process of production), such as machinery, buildings, or computers. The production function takes the general form Y=f(K, L), where Y is output, K is capital stock and L is labor. In economic theory, physical capital is one of the three primary f.....
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http://en.wikipedia.org/wiki/Physical_capital
The same as 'capital,' without any adjective, in the sense of plant and equipment. The word 'physical' is used only for clarity, to distinguish it from human capital and financial capital.
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http://www-personal.umich.edu/~alandear/glossary/p.html
Any non-human asset made by humans and then used in production. :: Microsoft (9th Edition)
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http://www.encyclo.co.uk/local/20977
Refers to a company's assets which are used in a production process, such as machinery, buildings, materials, etc
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http://www.encyclo.co.uk/local/22643
No exact match found.
