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Rarecurrent asset
The correct spelling is current asset.
How to pronounce current asset
noun
Say it like: Cur-ren-t a-sse-t
The correct spelling is current asset. 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…
Usage Examples
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Definition
noun
- 1.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.
Similar words
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