Define: Working Investment
Working Investment means the total unpaid accounts receivable and prepaid expenses, less total unpaid accounts payable and accrued expenses, excluding current long-term debt and accrued interest and taxes
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Working Investment means the total unpaid accounts receivable and prepaid expenses, less total unpaid accounts payable and accrued expenses, excluding current long-term debt and accrued interest and taxes.
Relevant Circumstances
- Corporate acquisitions
- Management of corporate assets
- Establishment of a business partnership