CURRENT LIABILITIES are liabilities to be paid within one year of the balance sheet date.
HORIZONTAL COMBINATION is a business combination of companies with similar functions in the production or sale of comparable products.
DEBT RATINGS is the creditworthiness of a borrower as measured in the U.S. by debt rating agencies Moody's and Standard and Poor's. A triple A (AAA) rating means that there is almost no likelihood of the borrower failing to pay.
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