Definition of current liabilities in English:
Amounts due to be paid to creditors within twelve months.
- It accomplishes this to the extent that it serves to bring down wage rates and prices and thus the dollar amount of current liabilities, which fall as the result of smaller outlays being made and thus smaller bills having to be paid.
- These activities diminish current liabilities and changes to working capital.
- A company's book value is its net asset value minus its intangible assets, current liabilities, long-term debt and equity issues.
Definition of current liabilities in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Pakistan