Meaning Of The Word Current assets

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Current assets Meaning

Current assets Definition
Current assets Definition

What's The Definition Of Current assets?

current assets
countable noun: Current assets are assets which a company does not use on a continuous basis, such as stocks and debts, but which can be converted into cash within one year.

current assets in Accounting
noun: Current assets are assets which a company has which can be converted into cash within one year.

current assets in American English
plural noun: assets that are readily convertible into cash, usually within one year, without loss in value

current assets in British English
plural noun: cash and operating assets that are convertible into cash within a year

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