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Definition of

human capital

HR & Personnel

staff the employees of an organization. The term builds on the concept of capital as an asset of an organization, implying recognition of the importance and monetary worth of the skills and experience of its employees. It is measured through human capital accounting.

Recommended Further Reading (Term count)
  • Gary Becker
    Nobel Prize-winning economist
    Gary Becker is an internationally renowned economist, Nobel Prize winner, business writer, and specialist on the sociological aspects of economic theory and analysis. He is regarded as one of the most influential economists of the 20th century, and has inspired much empirical research, due to his innovative work in different areas. He has taught economics at Columbia University for nearly 50 years, written a monthly column for Business Week for...
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  • Intellectual Capital: The New Wealth of Organizations
    Thomas A. Stewart (1997)
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Definitions of ’human capital’ and meaning of ’human capital’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’human capital’ and other financial terms with our online QFINANCE Financial Dictionary.

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