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Quick Assets
(redirected from quick asset)

   Also found in: Dictionary/thesaurus, Financial 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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InfoSonics ended the third quarter of 2009 with quick assets (cash and accounts receivable) of $69.
InfoSonics ended the second quarter with quick assets (cash and accounts receivable) of $67.
InfoSonics ended the first quarter with quick assets (cash and accounts receivable) of $49.
 
 
 
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