3 N‑UNCOUNT Capital is the part of an amount of money borrowed or invested which does not include interest. [BUSINESS ] □  With a conventional repayment mortgage, the repayments consist of both capital and interest.

4 N‑COUNT The capital of a country is the city or town where its government or parliament meets. □ [+ of ] …Kathmandu, the capital of Nepal.

5 N‑COUNT If a place is the capital of a particular industry or activity, it is the place that is most famous for it, because it happens in that place more than anywhere else. □ [+ of ] Colmar has long been considered the capital of the wine trade. □ [+ of ] …New York, the fashion capital of the world.

6 N‑COUNT Capitals or capital letters are written or printed letters in the form which is used at the beginning of sentences or names. 'T', 'B', and 'F' are capitals. □  The name and address are written in capitals.

7 ADJ [ADJ n] A capital offence is one that is so serious that the person who commits it can be punished by death. □  Espionage is a capital offence in this country. □  …Americans wrongly convicted of capital crimes.

8 → see also working capital

9 PHRASE If you say that someone is making capital out of a situation, you disapprove of the way they are gaining an advantage for themselves through other people's efforts or bad luck. [FORMAL , DISAPPROVAL ] □  He rebuked the President for trying to make political capital out of the hostage situation.

ca pi|tal ac|cou nt (capital accounts )

1 N‑COUNT A country's capital account is the part of its balance of payments that is concerned with the movement of capital.

2 N‑COUNT A capital account is a financial statement showing the capital value of a company on a particular date. [BUSINESS ]

ca pi|tal gai ns N‑PLURAL Capital gains are the profits that you make when you buy something and then sell it again at a higher price. [BUSINESS ] □  He called for the reform of capital gains tax.

ca pi|tal goods N‑PLURAL Capital goods are used to make other products. Compare consumer goods . [BUSINESS ]

ca pi|tal i n|flow (capital inflows ) N‑VAR In economics, capital inflow is the amount of capital coming into a country, for example in the form of foreign investment. [BUSINESS ] □ [+ into ] …a large drop in the capital inflow into America.

ca pital-inte nsive ADJ Capital-intensive industries and businesses need the investment of large sums of money. Compare labour-intensive . [BUSINESS ]

capi|tal|ise /kæ p I təla I z/ → see capitalize

capi|tal|ism /kæ p I təl I zəm/ N‑UNCOUNT Capitalism is an economic and political system in which property, business, and industry are owned by private individuals and not by the state. □  …the return of capitalism to Hungary.

capi|tal|ist /kæ p I təl I st/ (capitalists )

1 ADJ A capitalist country or system supports or is based on the principles of capitalism. □  I'm a strong believer in the capitalist system. □  …capitalist economic theory.

2 N‑COUNT A capitalist is someone who believes in and supports the principles of capitalism. □  …relations between capitalists and workers.

3 N‑COUNT A capitalist is someone who owns a business which they run in order to make a profit for themselves. □  In general, industrialization relied heavily on private capitalists, who built the new factories and offices.

capi|tal|ist|ic /kæ p I təl I st I k/ ADJ [ADJ n] Capitalistic means supporting or based on the principles of capitalism. □  …the forces of capitalistic greed. □  …capitalistic economic growth.

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