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When referring to a vendor, the term "current" typically means that the vendor is actively providing products or services to the organization at the present time. It indicates that the vendor relationship is ongoing and that the vendor is up-to-date with the necessary requirements, such as contracts, pricing, and compliance standards. Current vendors may also be distinguished from past vendors or potential vendors in discussions about supply chain management and procurement.

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What does the term current mean when referring to a vendor?

The term "current" when referring to a vendor typically indicates that the vendor is actively engaged in business and is up to date with their obligations, such as providing products, services, or payments. It may also imply that the vendor is in good standing, with no outstanding issues or disputes. In some contexts, being "current" can also refer to the timeliness of their offerings or the relevance of their products in the market.


Current maturities of long-term debt?

Current maturities of long term debt means that portion of debt which is payable in current fiscal year.


What is a other term for current?

Another term for "current" is "flow," especially when referring to the movement of electric charge or fluid. In a more general context, "present" can also be used to denote something happening now. Additionally, in the context of trends or events, "contemporary" may serve as a synonym.


Is temporary overdraft a current liability?

Yes. An overdraft simply means that the bank has paid an item that was presented against your bank account and represents, essentially, a short term loan from the bank to you. Like any other short term obligation, it is a current liability.


What does in mean when long term liabilities is less than current liabilities?

It means that the business is conducted out of short term cash. Hence small changes in the environment can affect the cash flow.

Related Questions

What does the term current mean when referring to a vendor?

The term "current" when referring to a vendor typically indicates that the vendor is actively engaged in business and is up to date with their obligations, such as providing products, services, or payments. It may also imply that the vendor is in good standing, with no outstanding issues or disputes. In some contexts, being "current" can also refer to the timeliness of their offerings or the relevance of their products in the market.


What is a brickberry?

A brickberry is a term referring to the old outdated cellphone you have to use when your current one is broken.


Current maturities of long-term debt?

Current maturities of long term debt means that portion of debt which is payable in current fiscal year.


What does the term "body only" mean when referring to a camera?

The term "body only" when referring to a camera means that the camera is being sold without any additional lenses or accessories.


What is meant by the term 'owing your own learning'?

The term "owning your own learning" means referring to or appealing to one's knowledge.


What does the term Soho mean when referring to a particular part of a city?

It means South Of Houston Street.


What is the medical term meaning pertaining to the beginning of cancer?

Oncogenic means pertaining to the begnning of cancer.


What term meaning withdraw?

If you are referring to withdraw from the Union, the term is "secede".


What does interjestion mean?

I'm not sure what "interjestion" means. It could be a misspelling or a term that is not recognized. Can you provide more context or clarify the term you are referring to?


What is meant by the term TPV?

The term TPV is an abbreviation which means a variety of things. Some of the most common things include "third party vendor", "third part verification" and "total payment volume".


How do you spell dechavu?

That feeling that you've done this before is deja vu. That feeling that you've done that before is deja vu.


What is referring to the organs of reproduction mean?

It may mean that you or someone is looking for a medical term that means referring to these various organs. They all would end in -al.