Working Capital

money a business uses in ongoing operations, current assets, income used as a basis for expenses

Working capital (also known as net working capital) is a financial metric which represents the amount of day-by-day operating liquidity available to a business. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. It is calculated as current assets minus current liabilities. A company can be endowed with assets and profitability, but short of liquidity, if these assets cannot readily be converted into cash.
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Noun
1. assets available for use in the production of further assets
(synonym) capital
(hypernym) assets
(hyponym) stock
(member-meronym) liquid assets, quick assets

Defined as the difference between current assets and current liabilities (excluding short-term debt). Current assets may or may not include cash and cash equivalents, depending on the company.