Financial Definition of Current Assets
Meaning of Current Assets
Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year.
Legal Definition of Current Assets
Those assets of a company that are reasonably expected to be realized in cash, sold or consumed during one year. These include cash, U.S. Government bonds, receivables and money due usually within one year, as well as inventories.
Related Entries of Current Assets in the Encyclopedia of Law Project
Browse or run a search for Current Assets in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Current Assets in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Current Assets in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Current Assets in the Legal Abbreviations and Acronyms Dictionary.
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United States Tax Concept of Current Assets
Current assets are assets of a company which are reasonably expected to be realized in cash, sold, or consumed during the normal operating cycle of the business – usually one year.
Concept of Current Assets in the context of Real Property
A short definition of Current Assets: An accounting term meaning cash or those things which can be readily converted to cash, such as short term accounts receivable.
Concept of Current Assets in the context of Real Property
A short definition of Current Assets: An accounting term meaning cash or those things which can be readily converted to cash, such as short term accounts receivable.
What is the meaning of Current Assets?
A definition of Current Assets is provided here: Cash and assets that are normally converted to cash within one year.
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