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Noncurrent asset

An Asset which is not easily Convertible to Cash or not expected to become Cash within the next year. Examples include Fixed asset, Leasehold improvements, and Intangible asset. opposite of current asset.

Related Terms: 12 Asset, Cash, Convertible, CLU, Fixed asset, Intangible asset, Inc., Lease, Leasehold, PPO, Rent, Tangible asset
Other Related Pages: Category: Accounting Starting With: N
Semi Related Terms: 486 CLICK HERE TO VIEW
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