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quick asset

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Financial Dictionary

quick asset

A current asset that is easily convertible into cash with no loss of value. Quick assets are often calculated as current assets minus inventories. See also net quick assets.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Investment
When Your Financial Needs Change Our Financial Advisors Can Help
www.TotalMerrill.com
Start Investing Online
Open an Account Today. Start Investing Online with optionsXpress
www.optionsXpress.com
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