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current asset

Definition from Dictionary, a free dictionary
Do not keep the alabaster boxes of your love and tenderness sealed up until your friends are dead. Fill their lives with sweetness, speak cheering words while their ears can hear, and while their hearts can be thrilled and made happier by them. George
Williams Childs
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English

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Noun

Singular
current asset

Plural
{{{1}}}

current asset ({{{1}}})
  1. (accounting) An 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.

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