It was lack of current capital that defeated their business.
"因

流动资本,
们的企业

败。"
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Finance and economics
北方(中)
业、利息和货币通论(上)
业、利息和货币通论(上)
业、利息和货币通论(上)
业、利息和货币通论(上) Mr Hawtrey, for example, who attaches great importance to changes in liquid capital, i.e. to undesigned increments (or decrements) in the stock of unsold goods, has suggested a possible definition of investment from which such changes are excluded.
例如,Hawtrey 先生非常重视流动资本的变化,即未售出商品存量的意外增加(或减少),他提出了一个可能的投资定义,将此类变化排除在外。