Define: Current Asset

UK Accounting Glossary

Definition: Current Asset


Quick Summary of Current Asset


An asset that is expected to be converted into cash within the trading cycle.


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What is the dictionary definition of Current Asset?

Dictionary Definition



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Full Definition of Current Asset



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Current Asset FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/current-asset/
Modern Language Association (MLA):
Current Asset. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 12, 2019 https://payrollheaven.com/define/current-asset/.
Chicago Manual of Style (CMS):
Current Asset. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/current-asset/ (accessed: November 12, 2019).
American Psychological Association (APA):
Current Asset. PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/current-asset/

Definition Sources


Definitions for Current Asset are sourced/syndicated from:


This glossary post was last updated: 23rd December 2018.