quick assets

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Related to quick assets: working capital, Marketable securities

Quick assets

Quick Assets

Highly liquid assets that a company holds. Quick assets are either cash and cash equivalents or anything that can quickly be changed into them. Examples include stocks and bonds. See also: Current assets.

quick assets

quickly realizable CURRENT ASSETS (DEBTORS and cash) which are available to pay off CURRENT LIABILITIES. See CURRENT RATIO.
References in periodicals archive ?
These receivables could be classified as traditional receivables, and thus be considered a quick asset, or they could be considered a prepaid asset and excluded from quick assets.