Current Assets - Law Dictionary Search Results
current asset
Matched in: Term current asset
current assets
Matched in: Term current assets
Current assets
Matched in: Term Current assets
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asset
without incurring a loss compare admitted asset in this entry quick assets : cash, accounts receivable, and other current assets except inventories tangible asset : an asset that has physical form and is capable of being appraised at
Quick-asset ratio
Quick-asset ratio, means the ratio between an entity's current or liquid assets (such as cash and accounts receivable) and its current liabilities. Also termed quick ratio; acid-test
liquid
or capable of ready conversion into cash [ assets] b : capable of covering current liabilities out of current assets esp. in a rapid manner [a insurer] 2 : of or relating to a security or commodity with
current ratio
Matched in: Term current ratio
Net-worth
3 (1) (ga)] The concept of 'Net Worth' always denotes the excess of the book value of all assets over liabilities and market value of the assets is never taken into consideration; in fact the market value
nonperforming asset
nonperforming asset an asset such as a mortgage that is not currently accruing interest or which interest is not being paid. Source: U.S. Department of Housing and Urban Development … nonperforming asset an asset such as a mortgage that is not currently accruing interest or which interest is not being
Cock oven plant
plant where the washing of coal is carried on, (vi) all other fixed assets, movable or immovable, and current assets belonging to a coke oven plant, whether within its premises or outside. (S. 3(b) of the Cooking Coal
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