quick assets

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quick assets

pl.n.
Liquid assets, including cash on hand and assets readily convertible to cash.
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.

quick assets

pl n
(Accounting & Book-keeping) accounting assets readily convertible into cash; liquid current assets
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.quick assets - assets in the form of cash (or easily convertible into cash)
plural, plural form - the form of a word that is used to denote more than one
assets - anything of material value or usefulness that is owned by a person or company
capital, working capital - assets available for use in the production of further assets
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Furthermore, it is noteworthy that ADIB's quick asset to total asset ratio was 25.9 per cent at the end of Q2 2013.
These receivables could be classified as traditional receivables, and thus be considered a quick asset, or they could be considered a prepaid asset and excluded from quick assets.