capital
Enable an AI agent to recognise capital committed or available to an activity, assess its capacity and constraints, and determine which uses, transfers or preservation actions are feasible.
Research draft, second pass
A second pass drafted this model: the structure a model of this thing needs, and what is known about it in the world. The line under this one says how the second half was obtained - researched against sources, or recalled without web access, in which case nothing here was read anywhere and every claim is a lead to verify. Unreviewed either way.
Researched by: Codex
Purpose and description
Enable an AI agent to recognise capital committed or available to an activity, assess its capacity and constraints, and determine which uses, transfers or preservation actions are feasible.
It can be Classify resources and claims against a declared capital boundary.; Reconcile opening and closing capital stocks with additions, withdrawals, consumption and revaluations.; Identify capital available for deployment after commitments and restrictions are considered.; Compare retention, reinvestment, conversion and withdrawal scenarios using explicit assumptions.; Flag impairment, concentration or maintenance shortfalls for review.; Determine which proposed uses or transfers require additional authority or evidence..
Distinguishing features
A capital amount describes a stock at a stated time; income, expenditure and investment flows describe changes over an interval.
A resource belongs within this capital boundary because of its productive or return-seeking role, rather than merely because it has a price.
Money is capital within this model when it is held or committed for the relevant activity; a cash balance alone does not establish that role.
A productive asset and the financial claim funding it represent different views; counting both requires an explicit aggregation rule.
Capital is not automatically equity or net worth: whether liabilities are deducted depends on the declared capital concept.
Scope
+ The boundary of a capital stock, its holder and the activity it supports
+ The distinction between productive resources, financing claims and funds available for deployment
+ Capital valuation at a stated date under an explicit measurement basis
+ Deployment, liquidity, commitment and restrictions on use
+ Capital formation, consumption, impairment and maintenance
- Detailed specifications, condition histories and operations of individual productive assets
- Complete accounting records and financial statements of the capital holder
- Full contractual terms and lifecycle management of loans, shares and other financing instruments
- Production workflows and the goods or services they produce
- Labour capabilities, natural resources and social relationships except where an explicitly chosen capital concept includes them
- Capital cities and uppercase letters
Characteristics
- Capital concept
- Productive capital, financial capital, or another explicitly defined concept Determines which resources and claims belong in the model and which measures are comparable.
- Holder and supported activity
- Links to the owning or controlling party and the enterprise, project or activity Establishes whose capital is being assessed and what it is expected to enable.
- Capital composition
- Declared classes such as fixed productive assets, circulating inputs, deployable funds and financial claims Different components provide capacity, turn over and lose value in different ways.
- Measured capital stock
- Currency amount or component-specific physical units, with valuation date and basis Allows the agent to assess scale without treating incompatible measurements as equivalent.
- Deployment status
- Available, committed, deployed, idle, impaired or being withdrawn Separates recorded capital from capital that can support a new action.
- Redeployment time
- Estimated days or months under a stated release, sale or conversion scenario Indicates when capital could become usable elsewhere.
- Use and transfer constraints
- Links to applicable ownership rights, approvals, pledges and contractual restrictions Determines which actions the controlling agent is permitted to initiate.
- Capital consumption
- Currency or productive-capacity loss per stated period, with estimation method Supports assessment of whether continued use is depleting the capital base.
- Maintenance objective
- Nominal financial amount, purchasing power, productive capacity or another declared objective Defines what must be preserved before an apparent surplus can be treated as distributable.
Also called
Where this came from
wikidata · CC0 1.0
Also registered as vr.tr.capital-location
Drafted structure
Bundle to layer to finding to question, as the second pass will find it: 4 bundles · 8 layers · 8 findings · 18 questions.
Capital concept and boundary Defines which meaning of capital applies and which resources or claims constitute the assessed stock.
Capital measures become misleading when productive resources, funding and residual ownership are treated as interchangeable.
Economic role
Establishes why the included resources or funds count as capital.
Capital inclusion test
Records the chosen capital concept and the role that qualifies each component for inclusion.
- Does capital here mean productive resources, financial means, or another explicitly bounded concept? definition
- What productive use or expected future return justifies including each component? boundary
Holder and aggregation
Bounds the capital stock by holder, activity and aggregation level.
Capital perimeter
Identifies the assessed holder and prevents overlapping representations from inflating the stock.
- Whose capital is being assessed, for which activity, and at what organisational level? boundary
- How are underlying productive assets and financing claims distinguished to prevent double counting? measurement
Capital composition and valuation Describes what the capital consists of and how its quantity or value is established.
A single capital total can conceal differences in productive capacity, valuation basis and real purchasing power.
Productive and financial forms
Separates components according to how they support activity and circulate through it.
Component role and turnover
Distinguishes enduring productive resources, inputs consumed through operations and financial means or claims.
- Which components provide repeated productive services, circulate through an operating cycle, or provide financial means? definition
- What evidence supports the classification and expected turnover of each material component? provenance
Stock measurement
Makes capital estimates interpretable across dates, components and measurement methods.
Dated capital estimate
Records the stock estimate together with its date, units, valuation basis and deductions.
- At what date and on what basis is capital measured: acquisition cost, replacement cost, market value, physical capacity or another basis? measurement
- Which deductions produce any reported net figure, and how are depreciation, impairment and liabilities kept distinct? measurement
- Which observations or records support the estimate, and which components remain uncertain? provenance
Capital deployment and control Connects the capital stock to current commitments, alternative uses and authority to act.
Recorded capital may be committed, inaccessible or unsuitable for the activity an agent proposes.
Commitment and convertibility
Assesses how much capital can be used or moved, and under what practical conditions.
Redeployable capital
Separates immediately available capital from amounts requiring release, sale or conversion.
- How much capital is available, committed, deployed or idle, and over what time horizon? measurement
- What delay, conversion loss or disruption would arise if each material component were redeployed? action
Rights and permitted uses
Distinguishes economic availability from permission to allocate or transfer capital.
Allocation authority
Records the rights and restrictions relevant to proposed capital actions.
- Who may allocate, pledge, transfer or withdraw this capital, and what evidence establishes that authority? provenance
- Which commitments, restrictions or required approvals constrain the proposed use? action
Capital reproduction and preservation Tracks how the capital base changes and whether its intended value or capacity is being sustained.
An increase in recorded value does not by itself establish new productive capacity or a surplus available for withdrawal.
Stock change reconciliation
Explains movement between capital observations without confusing investment flows and valuation changes.
Sources of capital change
Separates formation and withdrawal from consumption, impairment, revaluation and boundary changes.
- Which additions, withdrawals, consumption losses, impairments and revaluations explain the change in capital over the period? measurement
- Do the opening stock and recorded changes reconcile to the closing stock, including any change in the assessment boundary? measurement
Maintenance and return
Assesses preservation needs and returns against the declared capital objective.
Maintained capital base
Identifies what must be retained or replaced to sustain the intended capital base before considering withdrawal.
- Must this capital preserve its nominal amount, purchasing power, productive capacity or another specified capability? definition
- What return or surplus remains after the maintenance requirement, and what assumptions govern its attribution to this capital? measurement
- What replenishment, replacement or retention action is needed to avoid depletion under the proposed use? action
What the second pass must settle
- Does registry id vr.tr.capital-q193893 denote productive capital, financial capital or a broader economic concept, and what does its INF / INF.MED placement imply?
- Which authoritative sources should define the capital boundary and its relationship to wealth, assets, equity and money?
- Should human, natural, intellectual and social capital be included, linked as neighbouring models or explicitly excluded?
- Which valuation and capital-maintenance conventions are required for the intended agent tasks?
- Does an existing Vercy world model already own this concept, requiring this registry entry to link to it instead of creating a separate publication?