Meaning of current liabilities
Current liabilities
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Business glossary
Meaning of term current liabilities :
Current liabilities are short-term debts of a firm that must be repaid within a year. They will include creditors (people who the firm owe money to) and short-term loans or perhaps overdrafts. The current liabilities are shown on the balance sheet.
The meaning indicated above are indicative not be used for legal purposes
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