current assets

plural noun

Commerce.

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

current assets

plural noun

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

Word History and Origins

Origin of current assets¹

First recorded in 1905–10

Example Sentences

When couples separate, they finalise their financial arrangements through a consent order - a legally-binding agreement reached between spouses based on the value of their current assets.

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“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.”

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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".

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“I think for the real estate community, this represents a moment in time to think about current assets, how they’re being used and what future options might be,” Ms. Botting said.

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But, it might allow them to better appraise their current assets and inform key decisions for the future.

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