Current asset

noun

Word Frequency: 0.2

Definitions

1.nounAn asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer, such as cash, accounts receivable, and inventory.

Synonyms

capital asset liquid asset asset cash accounts receivable capital investment intangible asset assets fixed capital capital account near money capital expense

Antonyms

fixed asset non-current asset

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