Examples of 'current liability' in a sentence

Meaning of "current liability"

current liability: In accounting, it refers to the debts or obligations of a business that are expected to be settled within one year. It is listed on the balance sheet and is crucial for assessing a company's financial health
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  • A liability or financial obligation which will come due in the near-term (often within one year).

How to use "current liability" in a sentence

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current liability
A liability should be classified as a current liability when it.
Current liability for projected benefits.
A legal study on the effectiveness of current liability regimes.
Current liability regime.
Current assets are usually required to meet current liability obligations.
Current liability regimes are insufficient to remedy the problems found by the review.
Percentage of current liability.
Current liability is a debt the business must pay back during the upcoming year.
The entity shall present this amount as a current liability at the reporting date.
Find out if your current liability coverage adequately supports your driving lifestyle.
Settlement can also come from swapping out one current liability for another.
Current liability may vary year-to-year as uptake and redemption may be out of balance.
The difference between current assets and current liability is referred to as trade working capital.
Based on current liability laws, the freight company who made the truck can not be sued.
A liability should be classified as a current liability when it is,.

See also

Current liability regimes are insufficient to remedy the problems identified in the Commission 's review.
Short-term debt shows up in the current liability section of the balance sheet.
Enter the amount of, and specify, any other current liability.
The Commission will assess the current liability regime and third-party insurance requirement.
This translates to an estimated current liability of over $77 million.
Here are the current liability limits for each state. (more… ).

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Examples of using Current
The current national legislation on adoptions states
To temporarily alter the current programmed temperature
Current prosecutions of the crime of abduction of minors
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Examples of using Liability
Liability was one of the categories of international responsibility
Dacor assumes no liability for changes to specifications
Liability in the event of theft or loss of card
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