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Working Asset
(redirected from floating 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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The definition of millionaire is that individual floating assets are more than one million USD Except housing.
Since in most transactions, the percent of fixed and floating assets may vary over time, Standard & Poor's stresses cash flows assuming the minimum and maximum amount of fixed and floating assets.
In fact, the exposure to inverse floating assets increased to 10% from 2% of the portfolio since the last review.
 
 
 
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