current assets
current assets is the plural of current asset.
Meaning of current asset
Noun
current asset (plural current assets)
- 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.
Questions about current assets
- What is current assets the plural of?
- Current assets is the plural of current asset.
Words near current assets in the dictionary
Source and license
Adapted from Wiktionary: current assets (page history and authors); current asset (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “current assets.” Word.ws, https://word.ws/current_assets. Based on Wiktionary, CC BY-SA 4.0.
