What is another word for current assets?
Pronunciation: [kˈʌɹənt ˈasɛts] (IPA) 
There are several synonyms for the term "current assets." One such term is "liquid assets," which refers to those assets that can readily be converted to cash, such as cash on hand, accounts receivable, and inventory. Another synonym is "short-term assets," which indicates that the assets are likely to be used or sold within a relatively short period, typically less than a year. Other synonyms include "working capital," which is the difference between current assets and current liabilities, and "circulating assets," which emphasizes the fluid nature of current assets as they move through a company's balance sheet. Though there are subtle differences, all of these terms refer to the same general category of assets that are critical to a company's short-term liquidity.
