A debt or current liability arising from normal business operations and recurring expenses that is expected to be satisfied within one year. Examples of short term liabilities are accounts payable, taxes payable, unearned revenues, current purchases, vendor invoices, accrued expenses payable and current portions of long-term debt.
Related information about short term liability:
- What is short term liability? definition and meaning
Definition of short term liability: Obligations that have to be satisfied in one to five years.
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Sep 30, 2008 ... does and does not represent, a short-term liability makes it easier to manage the financial affairs of a company, as it is a great indicator of the ...
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(Economics, Accounting & Finance / Accounting & Book-keeping) business liabilities maturing within a year. Translations. current liabilities ...
- Short-Term Liabilities - The Free Dictionary
Short-Term Investment Fund · Short-Term Investment Funds · Short-term investment services. Short-Term Liabilities. Short-Term Liability · Short-Term Liability ...
- What Happens When a Liability Is Misclassified on the Balance Sheet?
When a company misclassifies a liability in the balance sheet, it means the business puts the debt in the wrong section -- say, a short-term liability in the ...
- How can I pay a short term liability from a bank account? - Zoho ...
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