Legal Definition and Related Resources of Current Liabilities

A liability that is presently enforceable, that is, trade debts as distinct from long term indebtedness such as mortgages.

Amount owed for salaries, interest, accounts payable and other debts due within 1 year.

Money owed and payable by a company, usually within one year.

Browse or run a search for Current Liabilities in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Current Liabilities in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Current Liabilities in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Current Liabilities in the Legal Abbreviations and Acronyms Dictionary.

You might be also interested in these legal terms:

United States Tax Concept of Current Liabilities

Liabilities, such as taxes, to be paid in a relatively short time, usually one year.

Concept of Current Liabilities in the context of Real Property

A short definition of Current Liabilities: Short term debts.

Concept of Current Liabilities in the context of Real Property

A short definition of Current Liabilities: Short term debts.