Circulating asset financial definition of circulating asset
Working Asset (redirected from circulating asset)
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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.
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References in periodicals archive
circulating assets of a company or their proceeds for the benefit of the
control of the circulating assets. (20) This may occur where the secured
possession of or assumed control of the circulating assets.
Net circulating capital management includes the development of capital structure as well as management of corporate circulating assets
which determine the demand for net circulating capital.
"Small and medium enterprises mainly need circulating assets
for purchase of equipment and production," Mr.