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Definition of "noncurrent" []

  • Not relating to the present, not current (adjective)
  • Relating to debt that is not due during the coming year (adjective)
  • Relating to assets that usually cannot be turned into cash during the coming year (adjective)
  • Not current. (adjective)

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Use "noncurrent" in a sentence
  • "In addition, we had approximately $52 million in investments related to municipal and student loan auction rate securities that we classified as noncurrent on our balance sheet because these securities failed to clear at auction and we are currently unable to sell these securities in the market."
  • "At the end of 2009, about 13% of Amcore's loans were classified as noncurrent, including an enormous 45% of its construction-and-development loans."
  • "Equity method investment should be classified as noncurrent assets."