Meaning of the word "Non Current Liabilities" in English
What does "Non Current Liabilities" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
Non Current Liabilities
US /nɑn ˈkɜːrənt ˌlaɪəˈbɪlətiz/
UK /nɒn ˈkʌrənt ˌlaɪəˈbɪlətiz/
Plural Noun
obligations of a company that are not due for payment within one year, such as long-term loans, deferred tax liabilities, and bonds payable
Example:
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The company's balance sheet showed significant non-current liabilities, including a large mortgage.
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Investors often analyze non-current liabilities to assess a company's long-term financial health.