Search

What is another word for current asset?

Pronunciation: [kˈʌɹənt ˈasɛt] (IPA)

A current asset refers to any resource that a company owns and expects to convert into cash within one year or its operating cycle, whichever is longer. There are several synonyms for the term "current asset" that can be used interchangeably in financial discussions. One such synonym is "liquid asset", which represents assets that are easily convertible into cash, such as cash itself or marketable securities. Another synonym is "short-term asset", highlighting the temporary nature of these resources. Furthermore, "working capital asset" can also be used, emphasizing the role of current assets in supporting day-to-day operations. Overall, these synonyms all refer to the same concept of assets readily accessible by a company in its short-term operations.
Opposite words
Antonyms
Search

What are the opposite words for current asset?

An antonym is a word that is opposite in meaning to another word. For the term "current asset," some possible antonyms might include "non-current asset," "long-term asset," or "fixed asset." These terms typically refer to assets that are not expected to be converted into cash within the current accounting period. Examples of non-current assets might include buildings, machinery, or patents, which tend to have a longer lifespan and provide value to a company over a longer period of time. Understanding the difference between current and non-current assets is important for businesses, as it can affect their financial statements and their ability to secure financing or attract investors.

What are the antonyms for Current asset?

  • Other relevant words:

    • Other relevant words (noun):

Word of the Day

Public Health Service US
The Public Health Service US is a healthcare organization that aims to improve the health and well-being of Americans. However, there are some antonyms that can be associated with ...