net current liabilitiesnoun [ plural ]
ukusACCOUNTING, FINANCEa company's debts after its current assets (= assets that will be used or sold within 12 months) have been subtracted from its current liabilities (= debts that must be paid within 12 months) :
The figures in the consolidated balance sheet show net current liabilities to have risen to almost £12.5m.