The phrase comes from the 19th-century practice of testing metals in nitric acid to determine if they contained gold. acid test A conclusive test. acid test n. A decisive or critical test, as of worth or quality. - Anonymous July 3, 2017. Learn more. It is an acid test for any upcoming artist to get established. Acid-test Ratio = Quick Asset/ Current Liabilities Higher the Acid-test Ratio, the higher is the debt-paying capacity of a firm. In the context of databases, a sequence of database operations that satisfies the ACID properties is called a transaction. Restructuring the organization will be the acid test that determines whether or not it can survive the sudden downturn in the economy. Meaning: very difficult test. Acid Test. [From the testing of gold in nitric acid.]

See also: acid, test acid test Fig. The original acid test was developed in the late 18th century and relied on nitric acid's ability to dissolve other metals more readily than gold. Is it write usage of ‘acid test’: For example, a transfer of funds from one bank account to another, even involving multiple changes such as debiting one account and crediting another, is a single transaction.

A test sample was used to mark a touchstone and the degree to which it dissolved when the acid was added determined whether it was gold. Acid test definition is - a severe or crucial test. Example: Suppose a firm has a cash balance of Rs 50,000, the marketable securities worth Rs 10,000, and account receivables amounting to Rs 1,00,000 (inclusive of inventories worth Rs 40,000). the acid test definition: 1. the true test of the value of something: 2. the true test of the value of something: 3. the…. Examples: Final exams are always an acid test. acid test n a rigorous and conclusive test to establish worth or value: the play passed the critic's acid test. In computer science, ACID is a set of properties of database transactions intended to guarantee validity even in the event of errors, power failures, etc. Acid-Test Ratio: The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities. Thanks, it is very useful page. How to use acid test in a sentence. To confirm that a find was gold it was given 'the acid test'. - Harish July 4, 2017. quiz to see how liquid a company is by comparing the current liabilities with the quick assets