Contigent liabilities
Potential liabilities known about at the time a financial statement is prepared, which might or might not become actual liabilities in the future. |
Similar financial terms
Current LiabilitiesThe value of liabilities at the Balance sheet date that the company is required to settle (pay) either on demand, or within the next 12 months.
Other long term liabilities
Value of leases, future employee benefits, deferred taxes and other obligations not requiring interest payments that must be paid over a period of more than 1 year.
Long-term liabilities
Amount owed for leases, bond repayment and other items due after 1 year.
