Advertisement

Advertisement

current assets

plural noun

, Commerce.
  1. assets that are readily convertible into cash, usually within one year, without loss in value.


current assets

plural noun

  1. cash and operating assets that are convertible into cash within a year Also calledfloating assets Compare fixed assets
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


Discover More

Word History and Origins

Origin of current assets1

First recorded in 1905–10

Advertisement

Advertisement

Advertisement

Advertisement


current accountcurrent balance