current liabilities
Definition
A balance sheet item which equals the sum of all money owed by a company and due within one year. also called payables or current debt.
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Related Terms
current assets, cash asset ratio, cash ratio, net liquid assets, net quick assets, quick ratio, working capital
'current liabilities
' appears in the definitions of these terms on BusinessDictionary.com solvency ratios, mortgage payable, net working capital, asset coverage, balance sheet item, and
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