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.
Other synonyms include Working Load Limit (WLL) , which is the maximum working load designed by the manufacturer. This load represents a force that is much less than that required to make the lifting equipment fail or yield, also known as the Minimum Breaking Load (MBL) . SWL or WLL are calculated by dividing MBL by a safety factor (SF). An example of this would be a chain that has a MBL of 2000 lbf (8.89 kN) would have a SWL or WLL of 400 lbf (1.78 kN) if a safety factor of 5 (5:1, 5 to 1, or 1/5) is used.