current assets

current assets
n.
Property of a business that could or will be converted into cash as part of normal operations in the immediate future, usually within the year.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


current assets
Assets which are receivable within one year, for example, cash, debtors, stock, investments and work in progress.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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Look at other dictionaries:

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  • Current Assets — 1. A balance sheet account that represents the value of all assets that are reasonably expected to be converted into cash within one year in the normal course of business. Current assets include cash, accounts receivable, inventory, marketable… …   Investment dictionary

  • Current assets —   Cash and other assets that are expected to be turned into cash, sold, or exchanged within the normal operating cycle of the utility, usually one year. Current assets include cash, marketable securities, receivables, inventory, and current… …   Energy terms

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  • current assets of a public sector entity — viešojo sektoriaus subjekto trumpalaikis turtas statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Turtas, kurį viešojo sektoriaus subjektas tikisi parduoti ar sunaudoti per 12 mėnesių nuo šio turto įsigijimo… …   Lithuanian dictionary (lietuvių žodynas)

  • current assets — includes cash, short term deposits, customers accounts, stock (includes work in progress, raw materials and finished goods), that will be converted into cash during the normal course of business, within a year. Glossary of Business Terms The… …   Financial and business terms

  • current assets — noun assets in the form of cash (or easily convertible into cash) • Syn: ↑liquid assets, ↑quick assets • Usage Domain: ↑plural, ↑plural form • Hypernyms: ↑assets …   Useful english dictionary

  • current assets — circulating assets; = circulating capital; = floating assets The assets of an organization that are constantly changing their form and are circulating from cash to goods and back to cash again. Cash is used to purchase raw materials, which become …   Accounting dictionary

  • current assets — circulating assets; circulating capital; floating assets The assets of an organization that are constantly changing their form and are circulating from cash to goods and back to cash again. Cash is used to purchase raw materials, which become… …   Big dictionary of business and management

  • Current assets — Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year. The New York Times Financial Glossary * * *    A company s assets that can be realized easily or rapidly… …   Financial and business terms

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