permanent capital
[/ˈpɜːrmənənt ˈkæpɪtəl/]
nounpl: permanent capitals
capital permanente
1. A city or town that serves as the official seat of government for a country or region on a long-term or indefinite basis
Brasília became the permanent capital of Brazil in 1960, replacing Rio de Janeiro.
Brasília tornou-se a capital permanente do Brasil em 1960, substituindo o Rio de Janeiro.
2. In finance, equity capital that remains invested in a company indefinitely without a maturity date
The bank's permanent capital consists of common stock and retained earnings.
O capital permanente do banco consiste em ações ordinárias e lucros retidos.
3. Long-term financial resources available to an organization without specified redemption requirements
Insurance companies rely on permanent capital to meet long-term obligations.
As seguradoras dependem do capital permanente para atender obrigações de longo prazo.
In Brazil, the term 'capital permanente' gained prominence with the construction of Brasília in the late 1950s under President Juscelino Kubitschek. This represented a symbolic shift of power from Rio de Janeiro to the central plateau. In finance, permanent capital is crucial for institutions like banks and insurance companies, especially in Portuguese-speaking markets where long-term stability and capital adequacy ratios are regulatory concerns.
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