current assets

plural noun

: assets of a short-term nature that are readily convertible to cash

Examples of current assets in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Critically, Saudi Arabia's ambitious pledge represents approximately 108 percent of the PIF's current assets under management, which are estimated at $925 billion. Daniel R. Depetris, Newsweek, 25 Mar. 2025 The company's current ratio was 3.1 to 1 as of December 31, 2024, with current assets of $51.1 million and current liabilities of $16.3 million. Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025 China owns the third-biggest SWF in the world, SAFE Investment Company, founded in 1997 and with current assets totalling $1,090,000,000,000. Anders Fogh Rasmussen, Newsweek, 5 Feb. 2025 Galapagos plans to discontinue its small molecule discovery programs and seek potential partners to take over current assets, including the TYK2 inhibitor, GLPG3667, dermatomyositis, and other potential autoimmune indications. Joe Cornell, Forbes, 21 Jan. 2025 See All Example Sentences for current assets

Word History

First Known Use

circa 1909, in the meaning defined above

Time Traveler
The first known use of current assets was circa 1909

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Cite this Entry

“Current assets.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/current%20assets. Accessed 15 Apr. 2025.

Last Updated: - Updated example sentences
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