What is the meaning of CURRENT ASSETS?

Are those assets of a company that are reasonably expected to be realized in cash, or sold, or consumed during the normal operating cycle of the business (usually one year). Such assets include cash, accounts receivable and money due usually within one year, short-term investments, US government bonds, inventories, and prepaid expenses.

5
 
|15 years ago|192 views|share |citing 
APABarry Goldsmith. (2010). current assets. Retrieved September 20, 2026, from http://smartdefine.org/current_assets/definitions/1151292
ChicagoBarry Goldsmith. 2010. "current assets" http://smartdefine.org/current_assets/definitions/1151292 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, current assets, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/current_assets/definitions/1151292>.
MLABarry Goldsmith. "current assets" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/current_assets/definitions/1151292>
{ class="autoclick" }next definition (/)