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Current assets

• Refer to properties or items which are expected to be paid or sold within a year. The specific list is broad but can be categorized as cash, cash equivalents, securitized liquid investments, accounts receivable, inventories, and securities maturing within a year.

• Short-term assets, expected to be converted into cash within one year or less.

• Appears on a company's Balance Sheet, representing cash, accounts receivable, inventory, marketable securities, prepaid expenses, and other assets that can be converted to cash within one year.

• Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year.

• Assets that should be a source of cash in the short term; cash, accounts receivable and inventory

 
 

Follow this link for all the terms related to asset.

 
 Embedded terms in definition
 Accounts receivable
Assets
Balance sheet
Cash equivalent
Cash
Expenses
Inventories
Inventory
Investments
Marketable securities
Other assets
Prepaid expense
Securities
Short
 
 Related Terms
 

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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