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current liabilities

American  

plural noun

Commerce.
  1. indebtedness maturing within one year.


current liabilities British  

plural noun

  1. business liabilities maturing within a year

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Current liabilities had mounted, while long-term debt rose from $193,850,000 to $199,580,000.

From Time Magazine Archive