quick assets

plural nounAccounting.

liquid assets including cash, receivables, and marketable securities.

Origin of quick assets

First recorded in 1890–95

Words Nearby quick assets

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use quick assets in a sentence

The quick assets held by European banks against their deposits consist of discounts or call loans, largely secured by discounts.
Readings in Money and Banking | Chester Arthur Phillips
The first two classes are termed active or quick assets, as they can be most readily converted into cash.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 4 | Various
Secondly, the proportion between net quick assets and bonded debt.
How to Invest Money | George Garr Henry
Thirdly, the proportion between net quick assets and the surplus as shown in the balance-sheet.
How to Invest Money | George Garr Henry

British Dictionary definitions for quick assets

quick assets

pl n

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

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