WikiWord

English

current assets

noun

Meaning

  1. An asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer, such as cash, accounts receivable, and inventory.

Etymology / origin

No prose etymology has been added yet.

No ancestor words have been linked yet.

Related words

Descendant words

No descendant words have been linked yet.

Sources

  1. DictionaryAPI.dev English dictionary data
current assets — meaning and etymology | WikiWord