noncurrent


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noncurrent

(ˌnɒnˈkʌrənt)
adj
1. (Banking & Finance) finance relating to debt that is not due during the coming year
2. (Banking & Finance) finance relating to assets that usually cannot be turned into cash during the coming year
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.noncurrent - not current or belonging to the present time
old - of long duration; not new; "old tradition"; "old house"; "old wine"; "old country"; "old friendships"; "old money"
past - earlier than the present time; no longer current; "time past"; "his youth is past"; "this past Thursday"; "the past year"
current - occurring in or belonging to the present time; "current events"; "the current topic"; "current negotiations"; "current psychoanalytic theories"; "the ship's current position"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
million due to the posting of gain on sales of noncurrent assets.
Noncurrent Loan Rate Declines Modestly, While Net Charge-Off Rate Remains Stable: The amount of loans that were noncurrent--90 days or more past due or in nonaccrual status--declined by $3.9 billion (3.4 percent) during the first quarter.
The primary reasons for the $15.9 million increase in cash provided by operations between the periods was a $10.0 million decrease in discretionary contributions to the corporation's funded pension plan and a $12.7 million net increase in cash provided by changes in noncurrent liabilities and deferred credits, partially offset by a $6.4 million decrease in cash from changes in deferred debits and other assets between the periods.
The second, for transactions normally resulting in cash flows that extend beyond one year of the transaction's inception, is a long-term transaction and event, and is reported separately as a noncurrent activity.
According to the decision, Selectium Bulgaria will take over HP Bulgaria's current hardware support contracts, and will acquire control over part of the company's noncurrent assets, including hardware, machinery, office equipment, motor vehicles, etc.
Based on the filing, about P51 billion of interest-bearing debt was noncurrent or not due in the next year.
Here are some June 30 "other real estate owned" numbers with a ratio of noncurrent assets plus OREO to assets for perspective:
Family and business finances remain relatively stable as well, with the amount of noncurrent loans and loans charged off declining, the IBA reported.
This was due to the increase in Current Assets by 5.4% and increase in Noncurrent Assets by 10.4%.
In contrast with the previous legal regime, cash forms of investment aid can in principle be granted in all regions.Forms of investment incentivesIf an investor meets the set conditions, they can apply for the following types of state aid: class="ula subsidy for the acquisition of noncurrent tangible or intangible assetsincome tax credita contribution for new jobstransfer of real estateConditions for industrial projects class="ulthe building of a new business, the expansion of an existing one, the diversification of production to new products which were not manufactured before, or a radical change in the production programme of an existing businessthe acquisition of non-current tangible and intangible assets at no less than Pound 10 million, Pound 5 million, Pound 3 million or Pound 0.
The average net interest margin for Georgia's banks was better than the national average, and noncurrent loans were also down.