quick assets
- noun
- Specialized
- Unlike inventory, quick assets can be turned into cash within days.
Examples
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Investors often examine quick assets to determine a firm's short-term financial health.
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The company's quick assets allow it to cover immediate expenses without delay.
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The company has a high level of quick assets.
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Investors prefer firms with substantial quick assets.
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Investors often examine quick assets to determine a firm's short-term financial health.
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The company's quick assets allow it to cover immediate expenses without delay.
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Unlike inventory, quick assets can be turned into cash within days.
Synonyms
Cash or things you can quickly sell without losing much value
How Liquid
Surface Forms
Morphology
The adjective-noun composition is directly interpretable: 'quick' (happening in a short time) modifies 'assets', so a learner can infer these are assets that are available or convertible rapidly (i.e., quickly accessible funds). This compositional pattern is a standard modifier relationship and mirrors common cross-linguistic expressions for readily usable or liquid resources, making the meaning accessible to learners who know both words.
Etymology
The phrase quick assets gives a simple picture: quick means fast and assets are things a company owns, so these are the items it can change into cash very fast. So, quick assets means the company's money or things it can use right away to 'pay bills'.