Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
38% - Moderately

Quick Assets

Synonyms:cash, cheques, easily liquidated, pawn off, quickly redeemed goods, releasable assets, sellable goods
Acronyms &
Filed Under: financial-banking, investments
Tags: business, finance

Definition of quick assets (QA)

quick assets (QA)
1. Assets which can be converted into liquid cash quickly without taking a significant loss in the sale.

Related Terms and Acronyms:

  • cash collateral   The proceeds of cash collected from the sale of liquid assets while in bankruptcy.
  • liquid assets   Cash and other property that can be converted quickly and easily into cash.
  • liquidity   The ability to convert assets to cash quickly, without significant losses.
  • quick liquidity ratio   A metric used to find if a company has enough liquidity to make it's short term financial obligations.

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