HomeServicesBlogDictionariesContactSpanish Course
Home › Dictionary › English › current asset
Back to search

current asset

Noun CEFR B2

Definitions

An asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer, such as cash, accounts receivable, and inventory.

Equivalents

8 more languages

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

current balance current divider current event current events current liability current money

Learn this word in context

See current asset used in real conversations inside our free language course.

Start Free Course

Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free