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quick assets

plural noun

, Accounting.
  1. liquid assets including cash, receivables, and marketable securities.


quick assets

plural noun

  1. accounting assets readily convertible into cash; liquid current assets
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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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.

I do not employ my entire capital in my cloak business, half of it, or more, being invested in "quick assets."

The quick assets of American banks ... are primarily call loans on stock and bond collateral.

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.,

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