current assets(redirected from Current asset)
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Related to Current asset: Current liabilities
Cash or assets convertible into cash at short notice.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Accounting & Book-keeping) cash and operating assets that are convertible into cash within a year. Also called: floating assets Compare fixed assets
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
assets that are readily convertible into cash.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||current assets - assets in the form of cash (or easily convertible into cash)|
assets - anything of material value or usefulness that is owned by a person or company
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