What is the definition of Working asset? | Dictionary.net

WORKING ASSET

\wˈɜːkɪŋ ˈasɛt], \wˈɜːkɪŋ ˈasɛt], \w_ˈɜː_k_ɪ_ŋ ˈa_s_ɛ_t]\

Definitions of WORKING ASSET

1910 - Black's Law Dictionary (2nd edition)

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Current asset that flows in and out continually during business cycles. Also known as circulating or floating asset.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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