FT MarketWatch

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
Additional Related Terms: Active asset, Alternative assets, Asset, Asset/equity ratio, Available assets, Asset management account, Accrual of discount, Amortization of premium, Asset-backed security, Asset swap