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current liabilities

Meaning of "current liabilities" in the English dictionary

DICTIONARY

PRONUNCIATION OF CURRENT LIABILITIES

current liabilities


GRAMMATICAL CATEGORY OF CURRENT LIABILITIES

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Current liabilities is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES CURRENT LIABILITIES MEAN IN ENGLISH?

Current liability

In accounting, current liabilities are often understood as all liabilities of the business that are to be settled in cash within the fiscal year or the operating cycle of a given firm, whichever period is longer. A more complete definition is that current liabilities are obligations that will be settled by current assets or by the creation of new current liabilities. Accounts payable are due within 30 days, and are paid within 30 days, but do often run past 30 days or 60 days in some situations. The laws regarding late payment and claims for unpaid accounts payable is related to the issue of accounts payable. An operating cycle for a firm is the average time that is required to go from cash to cash in producing revenues. For example, accounts payable for goods, services or supplies that were purchased for use in the operation of the business and payable within a normal period would be current liabilities. Amounts listed on a balance sheet as accounts payable represent all bills payable to vendors of a company, whether or not the bills are less than 31 days old or more than 30 days old. Therefore late payments are not disclosed on the balance sheet for accounts payable.

Definition of current liabilities in the English dictionary

The definition of current liabilities in the dictionary is business liabilities maturing within a year.

WORDS THAT BEGIN LIKE CURRENT LIABILITIES

currency market · currency note · currency rate · currency snake · currency trader · currency trading · currency unit · current · current account · current affairs · current assets · current density · current efficiency · current expenditure · current expenses · current yield · current-account · current-cost accounting · currently · currentness

WORDS THAT END LIKE CURRENT LIABILITIES

abilities · activities · amenities · authorities · capabilities · celebrities · cities · communities · disabilities · entities · facilities · humanities · minorities · opportunities · parties · possibilities · qualities · quantities · responsibilities · universities · utilities

Synonyms and antonyms of current liabilities in the English dictionary of synonyms

SYNONYMS

Translation of «current liabilities» into 25 languages

TRANSLATOR

TRANSLATION OF CURRENT LIABILITIES

Find out the translation of current liabilities to 25 languages with our English multilingual translator.

The translations of current liabilities from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «current liabilities» in English.
zh

Translator English - Chinese

流动负债
1,325 millions of speakers
es

Translator English - Spanish

pasivo corriente
570 millions of speakers
en

English

current liabilities
510 millions of speakers
hi

Translator English - Hindi

मौजूदा देनदारियों
380 millions of speakers
ar

Translator English - Arabic

المطلوبات المتداولة
280 millions of speakers
ru

Translator English - Russian

Долгосрочные обязательства
278 millions of speakers
pt

Translator English - Portuguese

passivo circulante
270 millions of speakers
bn

Translator English - Bengali

বর্তমান দায়
260 millions of speakers
fr

Translator English - French

passif à court terme
220 millions of speakers
ms

Translator English - Malay

Liabiliti semasa
190 millions of speakers
de

Translator English - German

kurzfristige Verbindlichkeiten
180 millions of speakers
ja

Translator English - Japanese

流動負債
130 millions of speakers
ko

Translator English - Korean

유동 부채
85 millions of speakers
jv

Translator English - Javanese

Kewajiban saiki
85 millions of speakers
vi

Translator English - Vietnamese

nợ ngắn hạn
80 millions of speakers
ta

Translator English - Tamil

தற்போதைய கடன் பொறுப்புகள்
75 millions of speakers
mr

Translator English - Marathi

वर्तमान उत्तरदायित्व
75 millions of speakers
tr

Translator English - Turkish

Kısa vadeli yükümlülükler
70 millions of speakers
it

Translator English - Italian

passività correnti
65 millions of speakers
pl

Translator English - Polish

zobowiązania krótkoterminowe
50 millions of speakers
uk

Translator English - Ukrainian

довгострокові зобов´язання
40 millions of speakers
ro

Translator English - Romanian

datorii curente
30 millions of speakers
el

Translator English - Greek

βραχυπρόθεσμες υποχρεώσεις
15 millions of speakers
af

Translator English - Afrikaans

bedryfslaste
14 millions of speakers
sv

Translator English - Swedish

kortfristiga skulder
10 millions of speakers
no

Translator English - Norwegian

kortsiktig gjeld
5 millions of speakers

Trends of use of current liabilities

TRENDS

TENDENCIES OF USE OF THE TERM «CURRENT LIABILITIES»

Principal search tendencies and common uses of current liabilities
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «current liabilities».

Examples of use in the English literature, quotes and news about current liabilities

EXAMPLES

10 ENGLISH BOOKS RELATING TO «CURRENT LIABILITIES»

Discover the use of current liabilities in the following bibliographical selection. Books relating to current liabilities and brief extracts from same to provide context of its use in English literature.
1
Wiley GAAP Policies and Procedures
Definitions of Terms Concepts and Examples Current Liabilities—Presentation Current Liabilities—Advances Current Liabilities—Bonuses Current Liabilities— Commissions Current Liabilities—Compensated Absences Current ...
Steven M. Bragg, 2008
2
GAAP Implementation Guide
Definitions of Terms Concepts and Examples Current Liabilities—Presentation Current Liabilities—Advances Current Liabilities—Bonuses Current Liabilities— Commissions Current Liabilities—Compensated Absences Current ...
Steven M. Bragg, 2004
3
Intermediate Accounting: IFRS Edition
Companies generally provide a great deal of supplementary disclosure for non- current liabilities, because most long-term debt is subject to various covenants and restrictions for the protection of lenders. Companies frequently describe the ...
Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, 2010
4
Financial Accounting: IFRS Edition
Others list the various types of non-current liabilities. In Illustration 4-18, Franklin Corporation reported non-current liabilities of $11,300. In your homework, list non -current liabilities in the order of their magnitude. Illustration 4-24 shows the ...
Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, 2010
5
Financial Accounting: The Impact on Decision Makers
The operating cycle for a manufacturing company is the length of time between the purchase of raw materials and the eventual collection of any outstanding account receivable from the sale of the product. Current liabilities are a company's ...
Gary Porter, Curtis Norton, 2010
6
Cornerstones of Financial and Managerial Accounting
Net income 1⁄4 $36,000 Ending retained earnings 1⁄4 $90,000 Total current liabilities 1⁄4 $35,990 1-53A (f) Manning Company 2011 ending retained earnings 1⁄4 $7,500 (m) Corey Company 2011 net income 1⁄4 $7,100 1-54A 2. Net loss 1⁄4 ...
Jay Rich, Jeff Jones, Dan Heitger, 2011
7
Financial Reporting and Analysis: Using Financial Accounting ...
Current liabilities are “obligations whose liquidation is reasonably expected to require the use of existing resources properly classifiable as current assets or the creation of other current liabilities.”5 Thus, the definition of current liabilities ...
Charles Gibson, 2010
8
IFRS Policies and Procedures
Definitions of Terms Concepts and Examples Current Liabilities—Presentation Current Liabilities—Accounts Payable Current Liabilities—Notes Payable Current Liabilities—Dividends Payable Current Liabilities—Unearned Revenues or ...
Barry J. Epstein, Eva K. Jermakowicz, 2008
9
Accounting Using Excel for Success
While these two measures can be used to evaluate a company's ability to pay its current liabilities, they do not provide insight into the company's ability to pay their current liabilities within a short period of time. This is because some current ...
James Reeve, Carl Warren, Jonathan Duchac, 2011
10
CBSE Acc. 12 (Financial)
Decline Total Current Liabilities are increased but total Current Assets remain unchanged. (0. No Effect Neither the total Current Assets nor the total Current Liabilities are affected since both the total Non-current Assets and total Non- current ...
PC Tulsian

10 NEWS ITEMS WHICH INCLUDE THE TERM «CURRENT LIABILITIES»

Find out what the national and international press are talking about and how the term current liabilities is used in the context of the following news items.
1
The Motley Fool: Judging the quick and the current
For the current ratio, divide current assets by current liabilities, revealing whether the company has sufficient resources (such as cash and ... «Chron.com, Jul 15»
2
Mobily set to reissue financial statements after Eid holiday
The company stated at the time that the breaches resulted in about 16bn Saudi riyals of loans being classified as current liabilities. The UAE ... «The National, Jul 15»
3
Solar Power Inc (OTCMKTS:SOPW) Starts The Week In Deep Red
The current assets stood at $429 million and current liabilities came at $307 million. The revenue in the quarter was $16 million and net loss ... «Journal Transcript, Jul 15»
4
PREMIER ENERGY AND WATER TRUST PLC - Net Asset Value(s)
Total assets less current liabilities as at the above date were £77.5 million. This amount excludes the liability for the repayment of PEWT ... «Stockhouse, Jul 15»
5
Remote Gambling Tax Regimes at Tax Haven Jurisdictions
The operators' main servers should contain the financial history, the game history and the current liabilities of their customers, at a minimum. «Casino News Daily, Jul 15»
6
Form 10-Q Merecot Corp. For: Mar 31
As of March 31, 2015 our current liabilities were $6,001. Stockholders' equity was $7,724. CASH FLOWS FROM OPERATING ACTIVITIES We ... «StreetInsider.com, Jul 15»
7
TapImmune Inc. (OTCMKTS:TPIV) Fails To Get Above A Dollar
The current liabilities came at $3.3 million. Being in a development stage, the company failed to record any revenue. The net loss stood at ... «StocksnTrade, Jul 15»
8
PositiveID Corp (OTCMKTS:PSID) Halts Its Decline
The current assets came at $608,000 and current liabilities were $9.7 million. The revenue in quarter came at $131,000 while net loss was $3.8 ... «StocksnTrade, Jul 15»
9
Know more about Liability
Current liabilities — These liabilities are expected to be paid off within a year. They usually include payables such as wages, accounts, taxes, ... «Moneycontrol.com, Jul 15»
10
Zim: Auditor General “Shocked” by Heavy Losses of Mining …
"The company's current liabilities exceeded its current assets by $74,749,172 and in 2013 it exceeded by $73,920,980,"said Chiri. «Israel Diamond Portal, Jul 15»
REFERENCE
« EDUCALINGO. Current liabilities [online]. Available <https://educalingo.com/en/dic-en/current-liabilities>. Apr 2024 ».
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