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current assets

plural noun, Commerce.
assets that are readily convertible into cash, usually within one year, without loss in value.
Origin of current assets
First recorded in 1905-10 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for current assets

current assets

plural noun
cash and operating assets that are convertible into cash within a year Also called floating assets Compare fixed assets
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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