Related Words

Current Asset: Assets that will normally be turned into cash within a year.

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

Current Liabilities: In Treasury securities, the most recently auctioned issue. Trading is more active in current issues than in off-the-run issues.

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.

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

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 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.

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

Other Assets: Assets exclusive of current assets and property, plant and equipment. Other assets can include intangibles, deposits, loans made, and miscellaneous non-current assets.