cash flow asset
/ˈkæʃ fləʊ æsˈet/ · cash·flow·as·set
noun
- An asset that can be easily converted into cash, such as accounts receivable or inventory, to meet short-term financial obligations. The company's cash flow assets were sufficient to cover its immediate expenses.
Did you know? The concept of cash flow assets is crucial in financial planning and management, as it helps businesses and individuals make informed decisions about their short-term financial obligations and future cash needs.