CURRENT ASSETS Definition & Meaning

current assets

plural noun

Commerce.

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

current assets

plural noun

cash and operating assets that are convertible into cash within a year Also calledfloating assets Compare fixed assets

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�y��vlog History and Origins

Origin of current assets¹

First recorded in 1905–10

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Example Sentences

Examples have not been reviewed.

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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