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quick assets

American  

plural noun

Accounting.
  1. liquid assets including cash, receivables, and marketable securities.


quick assets British  

plural noun

  1. accounting assets readily convertible into cash; liquid current 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

Etymology

Origin of quick assets

First recorded in 1890–95

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

And, by its balance sheet at the end of 1933, net quick assets were about $13,500,000.

From Time Magazine Archive

At the end of last year the ratio of quick assets to liabilities was 1.6 to 1; today, 10.6 to 1.

From Time Magazine Archive

But: more than half of that figure was accounted for by quick assets of Midvale Co., a subsidiary in which Baldwin owned only some 60% of the stock.

From Time Magazine Archive

Starting as an obscure chaser of ambulance chasers in Utah, lean, sandy-haired Floyd Odium got his hands on $14,000,000 in cash and quick assets just before the market broke in 1929.

From Time Magazine Archive

When all creditors have been paid the quick assets amount to £930,654, and amply protect the debentures, £900,000 which are an admirable security.

From The World in Chains Some Aspects of War and Trade by Mavrogordato, John

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