glossary

Quick Assets

Quick assets are the most liquid current assets that can be converted into cash quickly without significant delay or value loss. They usually include cash, bank balances, and receivables, but exclude inventory and prepaid expenses. Quick assets are used in liquidity analysis, especially in the quick ratio.

Related Items

Quoted Price

A quoted price is the current market price at which an asset, security, or commodity is being offered or traded in an active market....

Quota

A quota is a fixed limit or target set for production, sales, imports, exports, or other measurable business or regulatory activities. In business operations,...

Quorum

A quorum is the minimum number of members, shareholders, or directors required to be present for a meeting to be legally valid and able...

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