current liabilities(redirected from Short Term Liability)
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Related to Short Term Liability: Total Liabilities
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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 liabilitiesall 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 liabilitiesall 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