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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
I do not employ my entire capital in my cloak business, half of it, or more, being invested in "quick assets."
From Project Gutenberg
The quick assets of American banks ... are primarily call loans on stock and bond collateral.
From Project Gutenberg
For this I pay, say, three and a half or four per cent., for I am a desirable customer at the banks; and, as my quick assets bring me an average of five per cent.,
From Project Gutenberg
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