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Quick Assets

   Also found in: Dictionary/thesaurus, Financial, Acronyms 0.01 sec.

Personal property that is readily marketable.

Quick assets are items, such as jewelry, that can be easily converted to cash for immediate use.



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Combined with the value of the assets previously announced, the Private Trading Systems balance sheet currently reflects total quick assets in excess of $10 million in cash and marketable securities.
By converting real property to quick assets, management will be able to realize sufficient cash to properly fund the Company's business development.
 
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