current liabilities

current liabilities definition - finance
Obligations that are expected to be paid or performed within one year or within the normal operating cycle of a business, whichever is longer. Current liabilities are listed on the companyÂ’s balance sheet and include accounts payable, notes payable, taxes payable, and salaries payable.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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