noun
: a liability that arises in the ordinary course of business and must be met in a comparatively short time (as an account payable or an accrual of interest not yet due)
noun
: a liability that arises in the ordinary course of business and must be met in a comparatively short time (as an account payable or an accrual of interest not yet due)
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012