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current asset

An asset that is expected to be sold, consumed, or exhausted through standard business operations within one year.
Noun
pl: current assets

Meanings

Noun

An asset that is expected to be sold, consumed, or exhausted through standard business operations within one year.

Examples

Cash and accounts receivable are the most common types of current asset.

Business

We need to increase our current asset base to cover the upcoming quarterly payments.

Office

The auditor asked why the current asset value dropped so sharply in December.

Business

I wonder if we have enough current asset liquidity to survive a sudden market crash.

Inventory is listed as a current asset because we expect to sell it within six months.

Business

Check the balance sheet and tell me the total current asset amount.

Office

A high current asset ratio usually indicates that a company can easily pay its short term debts.

Business

Is this prepaid insurance considered a current asset or a long term investment?

Office

The firm converted its fixed properties into a current asset to raise immediate cash.

The firm converted its fixed properties into a current asset to raise immediate cash.

Business

Related Words

Última atualização: May 2026Reportar um erro