(plural foundries) 1  A facility that melts metals in special furnaces and pours the molten metal into molds to make products. Foundries are usually specified according to the type of metal dealt with: iron foundry, brass foundry, etc. 2  The act, process, or art of casting metals; founding.
Funds raised by issuing shares in return for cash or other considerations. The amount of share capital a company has can change over time because each time a business sells new shares to the public in exchange for cash, the amount of share capital will increase.
Financial Accounting Short Term Liquidity 2 As mentioned in the previous section, working capital helps in understanding the liquidity position of a company. It also shows the financing or investment decisions of a company. Working capital is the excess of current assets over the current liabilities.