current asset
Noun
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Noun
current asset (plural current assets)
- (accounting) 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.
- non-current asset
- fixed asset
- French: actif circulant
- German: Umlaufvermögen
- Portuguese: ativo circulante
- Russian: теку́щий акти́в
- Spanish: activo corriente
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002