: assets of a short-term nature that are readily convertible to cash
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The plan to distribute up to $5 billion in grants will represent an increase of about $1 billion over what the Endowment would be projected to award in the next 15 years, based on its current assets.—Michael T. Nietzel, Forbes, 11 Dec. 2024 While bankruptcy often allows a debtor to wipe out debts or legal judgments, Jones will continue to owe the families even after his current assets are gone.—Bayliss Wagner, Austin American-Statesman, 14 June 2024 And Its Role In Business Growth At its core, working capital represents the difference between a company’s current assets and liabilities.—Marek Niedzwiedz, Forbes, 22 Oct. 2024 Working Capital The most effective definition of working capital = current assets (excluding cash and investments) – current liabilities (excluding debt).—Vipul Bansal, Forbes, 3 Sep. 2024 See all Example Sentences for current assets
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