Example: Das Umlaufvermögen umfasst alle kurzfristigen Vermögenswerte eines Unternehmens.
Definition
"Das Umlaufvermögen" refers to the current assets of a company, including all short-term assets that are expected to be converted into cash, sold, or consumed within a business cycle, typically within one year. It is essential for managing liquidity and operational needs.
Translations
current assets
el activo circulante
de vlottende activa
l'actiu circulant
l'actif circulant
Etymology
The term "das Umlaufvermögen" combines the German words "Umlauf" meaning circulation or turnover, and "Vermögen" meaning assets or wealth. It reflects assets that are in continuous circulation within a company, emphasizing their short-term nature. Did you know the word "Umlauf" literally suggests something that is 'running around' or 'circulating'?
Learn to use this word actively
"Das Umlaufvermögen" appears in the Vocaplus list "German - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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current assets