Current asset definition

Current asset means any cash maintained in an enterprise fund and any interest or other income earned on the money in the enterprise fund that, at the end of the current fiscal year, is anticipated by a local government to be consumed or converted into cash during the next ensuing fiscal year.

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Current asset means all assets of Borrower that, in accordance with generally accepted accounting principles, would be included as current assets on a balance sheet as of such date, and the term "Current Liabilities" shall mean all liabilities of Borrower that, in accordance with generally accepted accounting principles, would be included as current liabilities on a balance sheet as of such date;

Current asset and "Current Liabilities" of any person shall mean, as of any date, all assets or liabilities, respectively, of such person which, in accordance with generally accepted accounting principles, should be classified as current assets or current liabilities, respectively, on a balance sheet of such person.

Examples of Current asset in a sentence

• Current asset or liability accounts associated with Hedging Agreements will be excluded from calculations of the Current Ratio.

• Current asset investments are stated at the lower of cost and net realisable value.

• Current asset or liability accounts associated with Hedging Agreements will be excluded from calculations of the current ratio.

• Current asset or liability accounts associated with Hedge Agreements will be excluded from calculations of Current Assets and Current Liabilities.

• The carrying amount of prepaid lease payments and other related costs for land use rights held in the PRC under medium term leases is analysed as follows: (unaudited) (audited) Non-current asset Current asset — — 4,292 173 — 4,465 During the six months ended 30 June 2018, an amount of RMB13 million was transferred from investment properties.

• The carrying amount of prepaid lease payments and other related costs for land use rights held in the PRC under medium term leases is analysed as follows: (unaudited) (audited) Non-current asset Current asset 4,525 170 3,974 130 4,695 4,104 During the six months ended 30 June 2017, an amount of RMB29 million (2016: RMB45 million) was transferred from investment properties.

• CURRENT ASSETS INVESTMENTS Current asset investments are valued at the lower of cost and net realisable value (being market value) at the balance sheet date.

More Definitions of Current asset

Current asset means (i) cash, cash equivalents or any asset expected to be converted into cash within one year (including marketable securities) (ii) all “accounts,” “inventory,” “deposit accounts,” “chattel paper,” “letter-of-credit rights,” and “health-care-insurance receivables”, as each such term is defined in the UCC (as defined in the Security and Pledge Agreement), whether or not included under clause (i), (iii) all books, records, ledger cards and other property at any time evidencing of relating thereto; and (iv) all proceeds and products of any of the foregoing, in any form, including, without limitation, any claims against third parties for loss or damage to or destruction of any or all of the foregoing and, to the extent not otherwise included, all payments under insurance (whether or not the Administrative Agent or Collateral Agent is the loss payee thereof), or any indemnity, warranty or guaranty, payable by reason of loss or damage to or otherwise with respect to any of the foregoing Collateral and (y) cash.

Current asset means any asset of a Borrower that is characterized as a current asset in accordance with GAAP.

Current asset and "CURRENT LIABILITIES" shall have the meaning ascribed to such terms in accordance with the generally accepted accounting principles in Canada applied consistently;

Current asset means any cash maintained in an enterprise fund and any interest or other income earned on the money in the

Current asset means, as of any date, the aggregate amount of all of the assets of the Borrower and the Domestic Subsidiaries (if any) that, as of such date, would, in accordance with GAAP (but excluding any assets that, pursuant to FAS Statement No. 133, would be considered to be non-cash assets), properly be defined as current assets.

Current asset means an asset that will normally be converted into cash in the normal operation of business within one year.