From a general perspective, the capital represents a monetary value, a value resource that is to be strategically invested and from which future economic benefits are expected. Investors, capital holders - monetary resources, based on the knowledge and forecasts used, using realistic capitalisation rates, determine under minimum or maximum risk conditions the capitalised value of the invested capital for an investment. The business evaluators in carrying out the missions of evaluating the value of an enterprise can use in the income capitalization approach, the method which involves reporting a representative level at a capitalisation rate or multiplying by a multiple of income. The objective of this paper is focused on the analysis of the notion of capital or of the terms of social capital, financial capital, own capital, etc.


financial capital; income capitalization approach; capital holders


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