short-term liabilities

/ˌʃɔːrt tɜːrm ˌlaɪəˈbɪlətiz/

noun

  1. Debts and other financial obligations that a business must pay within one year or within its normal operating cycle; also called current liabilities.

    B2

    plural noun; singular: short-term liability; used in accounting and businessfinance/accounting

    • "The company has enough cash to pay its short-term liabilities."B1
    • "Accounts payable and taxes due are examples of short-term liabilities."B2
    • "Analysts compare short-term liabilities with current assets to assess a company's liquidity."C1

Collocations

current liabilitieslong-term liabilitiesaccrued liabilitiesmeet short-term liabilitiesshort-term debt

Word family

liabilityliableshort-term liabilitycurrent liability