English Lexicon

Current Asset

/ˈkɜːr.ənt ˈæs.ɛt/
nounCEFR B2 (Upper)Top #1500 frequency
Full Thesaurus

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    An asset that is expected to be converted into cash or used up within one year.

    "The company's current assets include cash, inventory, and accounts receivable."
  2. 2

    Financial resources that are readily available for use in the short term.

    "Investors often look at current assets to assess a company's liquidity."

Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'current' originates from the Latin 'currens', meaning 'running' or 'flowing', reflecting the liquidity aspect of these assets. 'Asset' comes from the Old French 'asez', meaning 'sufficient', which evolved to denote resources owned by an entity.

Quick Vocabulary Retention Check

Which of the following is the closest synonym for "Current Asset"?

10 Global Lexicons: How "Current Asset" is said worldwide

Click any language below to open its dedicated Language to English dictionary page with native script & transliteration

Thesaurus & Synonyms Graph

Explore Nuanced Synonyms for "Current Asset"

Discover exact matches, context-specific alternatives, and antonyms with intensity ratings in the VocabDictionary Thesaurus.

View "Current Asset" Synonym Map