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current liabilities
(redirected from Short-Term Liabilities)

   Also found in: Financial 0.03 sec.
current liabilities
pl n
(Economics, Accounting & Finance / Accounting & Book-keeping) business liabilities maturing within a year
Translations
current liabilities [ˈkʌrntˌlaɪəˈbɪlɪtɪz] npl (Fin) → passività fpl correnti


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It said the bond sale issue was aimed at converting short-term liabilities into long-term debt.
The Dubai developer announced a $500 million convertible five-year bond issue in late September and said it would use the proceeds to refinance short-term liabilities and for general corporate purposes.
Given this spread, and RIMM’s less than $2 billion in short-term liabilities, MSFT does have room on its balance sheet to take on this extra debt (actually, RIMMs net income after taxes from the past operating year was enough to pay off the entire value of their short-term liabilities).
 
 
 
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