temporary marketable securities definition
Generally, securities that can be sold quickly in the stock or bond market and where the investor's intention is to sell them within one year of the balance sheet date.
Generally, securities that can be sold quickly in the stock or bond market and where the investor's intention is to sell them within one year of the balance sheet date.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.