Related Words

Current Assets: Net flow of goods, services, and unilateral transactions (gifts) between countries.

Miscellaneous Non-Current Assets: An account for assets not including current assets, property, plant and equipment, intangibles, deposits, and loans made.

Miscellaneous Current Assets: An account for current assets that do not fall into the following categories: cash, marketable securities, accounts receivable, other receivables, inventory, and prepaid expenses.

Current (Or Working Capital) Ratio: A measure of the liquidity of a business: equal to current assets divided by current liabilities.

Current Yield: Current yield is a measure of your rate of return on an investment, expressed as a percentage. With a bond, current yield is calculated by dividing the interest you collect by the current ma . . . View Full Definition

Non-Current Assets: Assets that are not convertible to cash within one year in the normal course of business. Property and Goodwill are examples of non-current assets. See also current assets.

Net Current Assets: The difference between current assets and current liabilities, also known as working capital.

Current-Coupon Issues: The translation of all of a foreign subsidiary's current assets and liabilities into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the . . . View Full Definition

Assets: Anything of value. Any interest in real or personal property which can be appropriated for the payment of debt.

Current Ratio: Current assets divided by current liabilities -- a measure of liquidity. Generally, the higher the ratio, the greater the 'cushion' between current obligations and a firm's ability to meet them.