long-term capital employed


Also found in: Legal.

long-term capital employed

or

net worth

any long-term funds employed in a firm. For companies this takes the form of SHAREHOLDERS' CAPITAL EMPLOYED plus long-term loans such as DEBENTURES.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
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