FOLIO Ontology

Exploring the Federated Open Legal Information Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RDMogej8AdNSlkztHiKlIGK
Label Current Financial Obligations
Preferred Label Current Liability
Identifier N/A
Alternative Labels

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Definition

Current Financial Obligations, also known as Current Liabilities, are debts or obligations that a company is expected to settle within one fiscal year or operating cycle, whichever is longer. These can include accounts payable, short-term loans, and other debts that are due within a short timeframe, and they are listed on a company's balance sheet.

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Parent Class Of 3

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

Stemmed from Bankruptcy Project

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available