Floating assets financial definition of floating assets
Working Asset (redirected from floating assets)
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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
. A working asset is also called a floating asset or a circulating asset.
References in periodicals archive
48% over the same period of 2009; the floating assets
turnover rate was 2.
The MOU will further strengthen the position of N-KOM, which is a joint-venture between Qatar Gas Transport Company (Nakilat) and Keppel Offshore & Marine, in the areas of LNG-fuelled vessel conversions and construction of related floating assets
Earnings were impacted by compression of the interest rate margin in relation to the large drop in the Fed Funds rate and the corresponding effect on Prime floating assets
in the Bank.
Status of floating assets
(by scale): 2003-May 2009
The network that Mobex is now establishing with this spectrum will enable companies to better manage their rolling and floating assets
and mobile employees.