Advertising

Current liabilities

• Amount owed for salaries, interest, accounts payable and other debts due within 1 year.

• Refer to obligations due and payable within a year.

• Obligations due in the short term; accounts payable, rent, taxes and sometimes payments on long term liabilities due in the current period.

• Appears on a company's Balance Sheet, representing amounts owed for interest, accounts payable, short-term loans, expenses incurred but unpaid, and other debts due within one year.

• Short-term liabilities, expected to be paid within one year or less.

 
 Embedded terms in definition
 Accounts payable
Balance sheet
Expenses
Interest
Liabilities
Long term liabilities
Long term
Long
Short
Term loan
 
 Related Terms
 

<< Current issue Current maturity >>

How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

There is one thing stronger than all the armies in the world; and that is an idea whose time has come. - Victor Hugo

Advertising



Copyright ©2009-2018 GVC. All rights reserved.