Also known as Current Assets. These are assets of a business which are likely to be converted into cash, sold or consumed within a single operating cycle of the business, typically a calendar year or financial year. Short-Term Assets are likely to include cash in hand, accounts receivable, or any other monies due in that timeframe, as well as stock held by the business. In investment terms, it is a security which matures in one year or less.
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Business Terminology | Investment Terms
Short-Term Assets
What does Short-Term Assets mean?
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