non-current asset

non-current asset definition - finance
An asset that isnÂ’t going to be consumed or converted into cash within one year. Non-current assets are listed separately from current assets on a companyÂ’s balance sheet. Examples of non-current assets are buildings, plants, and equipment.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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