Current Asset. Definition: A current asset is an item on an entity's balance sheet that is either cash, a cash equivalent, or which can be converted into cash within one year.Examples of current assets are: 1  Cash, including foreign currency.2  Investments, except for investments that cannot be easily liquidated. 3  Prepaid expenses.efinition: A current asset is an item on an entity's balance sheet that is either cash, a cash equivalent, or which can be converted into cash within one year. Examples of current assets are: 1  Cash, including foreign currency. 2  Investments, except for investments that cannot be easily liquidated. 3  Prepaid expenses.
An awl is a long, pointed spike. It may be a: Bradawl, a tool for making holes in wood. Scratch awl, a tool used for marking wood. Stitching awl, a tool for piercing holes in leather.
What is an FFL? An FFL (Federal Firearms License) is a license that enables an individual or a company to engage in a business pertaining to the manufacture of firearms and ammunition or the interstate and intrastate sale of firearms. Any store that sells or transfers firearms in the US is required to have an FFL.