current liabilities

(redirected from Short Term Obligations)
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Current liabilities

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

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.

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.

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 ?

IIRA has also assigned its National scale ratings of A (jd) and A-1 (jd) to long term and short term obligations of JIB.

Stable ratings for JIB

The agency said that it has assigned its international scale ratings of BB+/ A-3/ Stable for foreign currency long term and short term obligations and BBB-/ A-3/ Stable for the local currency long term and short term obligations of Kuwait Turkish Participation Bank.

IIRA rates Kuwait Turkish Participation Bank

The draft text agreed by the EU for Turkey's Accession Partnership includes a reference to Turkey's short term obligations in the Chapter on "Short-term commitments" and "Reinforced political dialogue and political criteria", which stipulates that Ankara "must, as part of its political dialogue with the EU during 2001, reinforce the efforts of the UN Secretary-General with a view to settling the Cyprus question".

EU/TURKEY: ATHENS AND ANKARA WELCOME DRAFT ACCESSION PARTNERSHIP

Out of the total amount of liabilities, Rp 14.5 trillion were in short term obligations and Rp 5.3 trillion were in long term liabilities.

BII'S NET PROFIT DOWN 6% IN 1997

The IFSB will focus on the liquidity coverage ratio of Basel III, which measures the amount of highly liquid assets held by banks that can help meet short term obligations.

IFSB prepares liquidity guidance for Islamic banks, warns of risks

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