Financial capital

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A definition of financial capital making only operational distinctions was proposed by Craig Hubley in 1999 and subsequently released by the ECG under CC-by-nc-noderivs. Any system recognizing financial capital as a universal substitute for other forms of capital asset (that is, useful to buy or rent any such asset) assumes that the value of life can be stated as a price of life. Other assets are, in such systems, usually called intangibles.

Financial capital is one of three types of results reported on the Triple Bottom Line. The IMF and to some degree BIS standardize financial capital metrics for the UN.

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