current assets

plural noun

: assets of a short-term nature that are readily convertible to cash

Examples of current assets in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
As of September 30, 2024, Trex Acquisition Corp reported current assets of $207,429 and current liabilities of $1,551,925, resulting in a working capital deficit of $1,344,496. Quartz Bot, Quartz, 27 Dec. 2024 As of October 31, 2024, Healthcare Integrated Technologies had current assets of $2,266,684 and current liabilities of $944,223, resulting in a working capital surplus of $1,322,461. Quartz Bot, Quartz, 13 Dec. 2024 The plan to distribute up to $5 billion in grants will represent an increase of about $1 billion over what the Endowment would be projected to award in the next 15 years, based on its current assets. Michael T. Nietzel, Forbes, 11 Dec. 2024 While bankruptcy often allows a debtor to wipe out debts or legal judgments, Jones will continue to owe the families even after his current assets are gone. Bayliss Wagner, Austin American-Statesman, 14 June 2024 See all Example Sentences for current assets 

Word History

First Known Use

circa 1909, in the meaning defined above

Time Traveler
The first known use of current assets was circa 1909

Dictionary Entries Near current assets

Cite this Entry

“Current assets.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/current%20assets. Accessed 4 Jan. 2025.

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