Translation of "current asset" into Norwegian

omløpsmiddel, Omløpsmiddel are the top translations of "current asset" into Norwegian.

current asset noun grammar

(accounting) An asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer, such as cash, accounts receivable, and inventory. [..]

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English-Norwegian dictionary

  • omløpsmiddel

    noun neuter

    finance: an organization's fixed assets

  • Omløpsmiddel

    an asset which can either be converted to cash or used to pay current liabilities within 12 months

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