What is the definition of Floating asset? | Dictionary.net

FLOATING ASSET

\flˈə͡ʊtɪŋ ˈasɛt], \flˈə‍ʊtɪŋ ˈasɛt], \f_l_ˈəʊ_t_ɪ_ŋ ˈa_s_ɛ_t]\

Definitions of FLOATING ASSET

1910 - Black's Law Dictionary (2nd edition)

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An asset that changes in many ways. It can be quantity, value, accounts receivable, inventory, or shares outstanding.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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