Permanent spontaneous current Liabilities
Permanent spontaneous current Liabilities
The minimum level of spontaneous liabilities that is always maintained by a firm.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved