current assets

American  

plural noun

Commerce.

1. assets that are readily convertible into cash, usually within one year, without loss in value.

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current assets British  

plural noun

1. Also called: floating assets.  cash and operating assets that are convertible into cash within a year Compare fixed assets

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Etymology

Origin of current assets

First recorded in 1905–10

Example Sentences

So far this year the fund has seen a massive $2.8 billion in inflows from investors, equal to nearly 30% of total current assets, according to Morningstar data.

From MarketWatch • May 27, 2026

Other funding will come through the company's income from its current assets, and from debt.

From BBC • Nov. 12, 2025

“While this season has proven challenging with injuries to our significant players, we are in a position to use some of our current assets to retool our club and build a competitive team moving forward.”

From Washington Post • Feb. 23, 2023

The value decrease was recognised in equity in other non-operating income, E.ON said, adding that the situation "indicated no triggering events that would necessitate impairment charges on non current assets".

From Reuters • Aug. 10, 2022

It’s reserved for people whose tax debt is not only way out of proportion to their current assets and income, and will likely remain so in the future.

From Slate • Jan. 25, 2017