That portion of a firm's current assets that fluctuates in response to seasonal or anticipated short-term.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A subset of a company's current assets that changes according to seasonal fluctuations. For example, a retail store's current inventory may include holiday decorations around Christmas. These decorations would be temporary assets with respect to the remainder of the store's inventory.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved