Dhananjay Parkhe ★ºधनंजय✦पारखेº™🇮🇳

★Pro-Bono Advisorº ★C-Suite Mentorº ★Artist ★CSRº ★Excellence Assessorº

3. Daily Blog

Two Terms – Capital and Utilitarianism

Two Terms - Capital and Utilitarianism
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Two Terms – Capital and Utilitarianism

Term of the Day

capital

  1. Cash or goods used to generate income either by investing in a businessor a different income property.
  2. The net worth of a business; that is, the amount by which its assets exceeditsliabilities.
  3. The moneyproperty, and other valuables which collectively represent thewealth of an individual or business.
Learn more about this term
Usage Example
It simply means that the funding comes from the business owners contributingcapital to buy “shares” of the company.
Notable Quotable – What do you do?
“Don’t learn the tricks of the trade. Learn the trade.” 
-Anonymous
What do you do? Learn the Tricks or Learn the Trade?

Term of the Day

utilitarianism

An ethical philosophy in which the happiness of the greatest number of people in the society is considered the greatest good. According to this philosophy, an action is morally right if its consequences lead to happiness (absence of pain), and wrong if it ends in unhappiness (pain).
Since the link between actions and their happy or unhappy outcomes depends on the circumstances, no moral
Learn more about this term
Usage ExampleUtilitarianism doesn’t focus on whether an act was morally right or wrong, it focuses on whether the act led to happiness of the greatest number of people.
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