Short-term Liabilities

Importance: 0.43

Is a company: no

Is a proper noun: no

Synonyms

  • near term liabilities

Definition of Short-term Liabilities

  1. Money that must be paid in less than a year (12 months), including wages, short-term loans, taxes, credit card balances and long-term loans.

Related Terms and Acronyms

  • Solvency Definition,
    • To be able to meet one's financial liabilities in the short or long term.
  • Liabilities Definition,
    • A borrower's debts and legal obligations.
  • Long-term Liabilities Definition,
    • Money owed over a period longer than 12 months, such as mortgages, bank loans, and other obligations.
  • Acid-Test Ratio Definition,
    • A ratio that determines the liquidity of a company without requiring the company to sell assets or inventory.
  • Debt Consolidation Definition,
    • The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period. It's also called a consolidation loan. CanEquity has access to Canada's best debt consolidation products, for more info about debt consolidation see our debt consolidation page.
  • Leverage Definition,
    • The use of a small amount of cash and a large loan to buy something.
  • Revenue Definition,
    • Money earned by a company from its business activities.
  • Investments in Affiliates Definition,
    • A situation where an investor has a great deal of control over the operation and/or financial management of his or her investment.
  • Debt Definition,
    • Money one person or firm owes to another person or firm.
  • Quick Liquidity Ratio Definition,
    • A metric used to find if a company has enough liquidity to make it's short term financial obligations.
  • Expense Definition,
    • Costs incurred through a business's operations.
  • Operating Loan Definition,
    • A loan intended for short-term financing, supplying cash flow support or to cover day-to-day operating expenses.
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