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Working Asset
(redirected from Circulating Assets)

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Working Asset
A highly liquid, current asset. Working assets are taken in and distributed over relatively brief periods of time. Examples of working assets include cash, works in process and inventory. A working asset is also called a floating asset or a circulating asset.
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Small and medium enterprises mainly need circulating assets for purchase of equipment and production," Mr.
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According to him the given amount appeared from the estimation by experts of the oil company via reflecting the loss of control over the enterprise and loss of circulating assets.
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The management of the work capital includes all the aspects of the management circulating assets and equities.
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