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quick assets
plural noun
, Accounting.
- liquid assets including cash, receivables, and marketable securities.
quick assets
plural noun
- accounting assets readily convertible into cash; liquid current assets
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Word History and Origins
Origin of quick assets1
First recorded in 1890–95
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Example Sentences
The quick assets held by European banks against their deposits consist of discounts or call loans, largely secured by discounts.
From Project Gutenberg
The first two classes are termed active or quick assets, as they can be most readily converted into cash.
From Project Gutenberg
Secondly, the proportion between net quick assets and bonded debt.
From Project Gutenberg
Thirdly, the proportion between net quick assets and the surplus as shown in the balance-sheet.
From Project Gutenberg
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