noncurrent
- adjective
- /nɒnˈkʌrənt/
- Specialized
:
no corriente
- Consider, for example, a firm's published balance sheet that discloses among its noncurrent assets an account titled "Investment in ABC Company" and another titled "Investment in XYZ Company."
- noncurrent records
- noncurrent office
Examples
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A company must regularly assess its noncurrent assets to ensure accurate financial reporting.
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Smoking was categorized as current, noncurrent, and unknown.
Academic text (1995) -
The decline in noncurrent balances in the second quarter was led by a 3.9 percent reduction in noncurrent one- to four-unit family residential real estate loans, and by a 12.8 percent reduction in noncurrent real estate construction and development loans.
Blog text (2) -
The decline in noncurrent balances in the second quarter was led by a 3.9 percent reduction in noncurrent one- to four-unit family residential real estate loans, and by a 12.8 percent reduction in noncurrent real estate construction and development loans.
Blog text (2) -
The decline in noncurrent balances in the second quarter was led by a 3.9 percent reduction in noncurrent one- to four-unit family residential real estate loans, and by a 12.8 percent reduction in noncurrent real estate construction and development loans.
Blog text (2) -
Locating, assembling, and rationalizing documentary source material of Nigeria and permanent preservation for research and other functions. Enhancing efficiency and the economy of Nigeria in the administration of government agencies through advice and development of methods for the riddance or transfer of noncurrent records to the Federal Records Center and the National Archives.
Academic text (2018) -
The Quarterly Banking Profile also reported that at the end of June, member banks reported $319.8 billion in noncurrent loans—those 90 days or more past due or in nonaccrual status—which was 6.5 percent less than at the end of the first quarter.
Blog text (2) -
Investors often look at noncurrent liabilities to evaluate a company's long-term financial health.
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The accountant classified the office furniture as noncurrent because it would not be sold within the year.
Synonyms
1
9.9
No longer used or accepted, for example as money
Antonyms
How Current
Surface Forms
Morphology
Etymology
Noncurrent is made of non- meaning 'not' and current, which you can think of as a 'flow' or 'happening now'. So noncurrent means 'not happening now' and, in business, describes an asset or debt 'not due within one year'.