current liabilities

(redirected from Short Term Liabilities)
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Related to Short Term Liabilities: Current liabilities

Current liabilities

Amount owed for salaries, interest, accounts payable and other debts due within 1 year.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Current Liabilities

On a balance sheet, any liability expected to be paid off in one year or less. Common examples of current liabilities are short-term bills and accounts payable.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

current liabilities

all obligations to pay out cash at some date in the near future, including amounts which a firm owes to trade CREDITORS and BANK LOANS/OVERDRAFTS. See WORKING CAPITAL, WORKING CAPITAL RATIO.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

current liabilities

all obligations to pay out cash at some date in the near future, including amounts that a firm owes to trade CREDITORS and BANK LOANS/OVERDRAFTS. See WORKING CAPITAL.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
The reason of decreasing trend in the return on assets ratio of THY is the increasing rate of short term liabilities is higher than current assets.
However we are concerned with the NIM performance as unfavorable gap position is highly skewed towards short term liabilities, which negatively contributes to funding costs.
Central Bank's long term external debt was 10.3 billion USD and short term liabilities equalled 1.6 billion USD as of the end of 2010, Treasury also said.
The convertible notes, due in 2015, are intended to contribute to the conversion of Emaar's short term liabilities into long term debt, said a top company official after the company's extraordinary general meeting held in Dubai on Monday.
In a statement here, it said that requirement of advance payments against irrevocable Letters of Credit (LC) up to 100 per cent of the value of the goods and up to US$10,000 per invoice for the import of all eligible items would result in severe liquidity crunch which would increase the probability of default in payment of short term liabilities.
Apart from short term liabilities, Ultrajaya also has long term liabilities totaling Rp 100 billion in bonds issued on Oct.
Table - 2 Liabilities of PT Tunas Baru Lampung June 30, 1999 (Rp billion) Description Total Short term liabilities 109.78 - Bank credit 40.08 - Operating debt 12.81 - Tax payable 24.88 - Cost to be paid 10.20 - Other liabilities 2.82 - Long term debt to banks falling due in a year 18.99 Liabilities in tax arrear 12.23 Long term liabilities 288.12 - Long term debts to bank 288.12 Convertible bonds 75.51 Total liabilities 485.65

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