Meaning of 'start-up capital'

[FangFang]

Business English Lesson, Advanced Level

ESL/EFL Test #161 "Start Your Own Bank", question 9

The minimum amount of ......... capital for a newly chartered bank should total at least $2,500,000 in capital stock.

(a) collected
(b) direct
(c) fixed
(d) startup

Business English Lesson, Advanced Level

ESL/EFL Test #161 "Start Your Own Bank", answer 9

The minimum amount of startup capital for a newly chartered bank should total at least $2,500,000 in capital stock.

Correct answer: (d) startup
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Hi ,again
Here I think it isn't wrong in meaning if I use "fixed ". That is to say, it is reasonable ,too. Unless you emphasize "startup" it would be a different choice.

[Mister Micawber]

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If you can explain to me what 'fixed capital' is, FangFang, I might accept it; I chose it for the collocation, but that collocation makes no sense to me as it stands in this context. Now the phrase, 'a fixed minimum amount of capital' would be reasonable. It's funny how important word order is in English sometimes, isn't it?

This bank is newly chartered, so needs a minimum amount of capital to begin operation: this is called 'startup capital'.
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who teaches English for a living at Mister Micawber's
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[Torsten]

Hi FangFang, I agree with MM, there is a difference between "fixed capital" and "start-up capital". Fixed capital relates to money, assets and other capital that is not used up during the business process. That's why it's called "fixed". Your start-up capital is the funding you need to get a business off the ground. This can be money you use to pay for your overheads during the launching phase of your company. If your start-up capital were fixed, you would not be able to use it in order to get the business started....
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