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Definition of capital


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cap·i·tal 1  audio  (kp-tl) KEY  

NOUN:
    1. A town or city that is the official seat of government in a political entity, such as a state or nation.
    2. A city that is the center of a specific activity or industry: the financial capital of the world.
    1. Wealth in the form of money or property, used or accumulated in a business by a person, partnership, or corporation.
    2. Material wealth used or available for use in the production of more wealth.
    3. Human resources considered in terms of their contributions to an economy: "[The] swift unveiling of his . . . plans provoked a flight of human capital" (George F. Will).
  1. Accounting The remaining assets of a business after all liabilities have been deducted; net worth.
  2. Capital stock.
  3. Capitalists considered as a group or class.
  4. An asset or advantage: "profited from political capital accumulated by others" (Michael Mandelbaum).
  5. A capital letter.
ADJECTIVE:
  1. First and foremost; principal: a decision of capital importance.
  2. First-rate; excellent: a capital idea.
  3. Relating to or being a seat of government.
  4. Extremely serious: a capital blunder.
  5. Involving death or calling for the death penalty: a capital offense.
  6. Of or relating to financial assets, especially being or related to those financial assets that add to the net worth of a business: made capital improvements at the plant site.
  7. Relating to or being a capital letter.

ETYMOLOGY:
From Middle English, principal, from Old French, from Latin capitlis, from caput, head, money laid out; see kaput- in Indo-European roots
Usage Note:
The term for a town or city that serves as a seat of government is spelled capital. The term for the building in which a legislative assembly meets is spelled capitol.


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The American Heritage® Dictionary of the English Language, Fourth Edition.
Copyright © 2000 by Houghton Mifflin Company.
Published by the Houghton Mifflin Company. All rights reserved.
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