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What is another word for NON-CURRENT ASSET?

Pronunciation: [nˈɒnkˈʌɹənt ˈasɛt] (IPA)

When it comes to financial terminology, the term "non-current asset" refers to long-term investments or tangible resources that a company or individual owns for more than one year. However, there are several synonyms that can be used interchangeably for this term. One alternative is the phrase "long-term asset", which denotes the same concept of assets held for an extended duration. Another synonym is "fixed asset", referring to physical possessions like property, land, or buildings that have enduring value. Additionally, the phrase "capital asset" can also be used, emphasizing the economic significance and potential for generating long-term returns. These synonyms enable financial professionals to diversify their vocabulary while discussing non-current assets.
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What are the opposite words for NON-CURRENT ASSET?

The term "non-current asset" refers to an asset that is not expected to be converted into cash within a year. Antonyms for "non-current asset" can be classified into two categories: short-term assets and liabilities. Short-term assets include cash, accounts receivable, and inventory. These assets are expected to be converted into cash within a year or less. On the other hand, liabilities that are due within a year are considered short-term liabilities. Examples include accounts payable and notes payable. Short-term assets and liabilities are critical to understanding a company's liquidity position. In contrast, non-current assets are key determinants of a company's long-term viability and growth potential.

What are the antonyms for Non-current asset?

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    • Other relevant words (noun):

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