working asset
Definition
Current asset such as cash in hand (and in bank), accounts receivable, finished goods inventory, raw materials inventory, and work in process, that continually flows in and out of a firm during the course of its business cycle. Also called circulating asset or floating asset.
Mentioned in these definitions
Popular 'Accounting & Auditing' Terms
working asset in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/working-asset.html







