working asset

noun

, Accounting.

1. invested capital that is comparatively liquid.

Word History and Origins

Origin of working asset¹

First recorded in 1910–15

Example Sentences

Being the national focal point for an Olympic sport raises Tulsa’s profile, but there are also real economic benefits to converting the empty industrial site into a working asset again.

From Washington Times

Then it is that his recognition of the originating creative movement, as arising from combined Thought and Feeling, becomes a practical working asset.

From Project Gutenberg

Related Words

• venture capital