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working asset

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noun Accounting.
invested capital that is comparatively liquid.
QUIZ
QUIZ YOURSELF ON "WAS" VS. "WERE"!
Were you ready for a quiz on this topic? Well, here it is! See how well you can differentiate between the uses of "was" vs. "were" in this quiz.
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“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.

Origin of working asset

First recorded in 1910–15
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

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