Liabilities

Business / Accounting / Liabilities: Obligations measurable in monetary terms that represent amounts owed to creditors, governments, employees, and other parties.

Other Liabilities

Business / Finance / Other Liabilities: Liabilities other than debt, line of credit, and accounts payable, for example, deferred taxes, accrued expenses, and customer deposits. 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

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 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 prev MORE

Accrued Liabilities

Business / Accounting / Accrued Liabilities: Liabilities that arise through adjusting entries when accounting for unrecorded liabilities. 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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