Business Pitch Dictionary by pitch.dog
Assets, liabilities & equity · Core

Current asset

Also called: short-term asset

ELI5

An asset expected to be realised, sold or consumed within the operating cycle or specified short-term criteria.

Used in conversation

“Finance will reconcile current asset before the board pack goes out.”

Pitch context

You will see “Current asset” in financial models, budgets, board packs and investor materials when the discussion reaches assets, liabilities & equity.

Why it matters: In assets, liabilities & equity, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Sources & evidence · 4

Direct term-level sources and supporting source families.