Current Liabilities

Business / Accounting / Current Liabilities: These include bank overdrafts, short term loans (less than a year), and what the business owes its suppliers. They are termed 'current' for the same reasons outlined under 'current assets' in the previous paragraph.

Other Words for Current

Current Adjective Synonyms: contemporary, ongoing, present, contemporaneous, simultaneous, coeval
Current Noun Synonyms: course, progress, tendency, tenor, drift, trend, inclination, mainstream
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Net Current Assets

Business / Finance / Net Current Assets: The difference between current assets and current liabilities, also known as working capital. MORE

Non-Current Liabilities

Business / Finance / Non-Current Liabilities: Obligations that will not come due within one year of the current date. See also current liabilities. MORE

Current Ratio

Business / Finance / Current Ratio: The translation of all foreign currency balance sheet and income statement items at the current exchange rate. MORE

Miscellaneous Current Liabilities

Business / Finance / Miscellaneous Current Liabilities: An account for current liabilities that do not fall into any of the categories already defined. Examples of predefined categories are accounts payable, accrued expenses, and short-term notes payable. MORE

Current Yield

Business / Finance / Current Yield: Current assets divided by current liabilities. This ratio is a measure of a company's ability to meet its financial obligations in a timely manner. MORE

Miscellaneous Non-Current Liabilities

Business / Finance / Miscellaneous Non-Current Liabilities: An account for non-current liabilities not including long-term debt (mortgage debt, lease debt, long-term borrowing, and shareholder loans) and deferred taxes. MORE

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