Permanent spontaneous current Liabilities

Permanent spontaneous current Liabilities

The minimum level of spontaneous liabilities that is always maintained by a firm.

Permanent Spontaneous Current Liabilities

The minimum amount of liabilities that a firm acquires when buying the goods or services that it needs to maintain operations on credit. Specifically, permanent spontaneous current liabilities are the obligations to pay for the goods or services at some point in the future, generally on an ongoing basis.