long-term capital employed
Also found in: Legal.
long-term capital employedor
net worthany 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