plural noun Commerce.
assets that are readily convertible into cash, usually within one year, without loss in value.
HEED THE VOX POPULI, AND TAKE THIS WORD OF THE DAY QUIZ!
Test your memory on these verbal firecrackers from the week of June 29 to July 5!
Question 1 of 7
Origin of current assets
First recorded in 1905–10
Words nearby current assets
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for current assets
cash and operating assets that are convertible into cash within a yearAlso 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