current assets

A form of 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 cash, accounts receivable, and inventory.

Similar
liquid assetsquick assets
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Meanings

noun
  1. pluralplural of current asset

Synonyms & antonyms

nounassets in the form of cash (or easily convertible into cash)

Similar
liquid assetsquick assets
Broader
assets

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

current assets. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/current%20assets

MLA

“current assets.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/current%20assets. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “current assets,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/current%20assets.

Source: current assets on Wiktionary, CC BY-SA 4.0.