The total amount of other short-term obligations that a company has to pay within the next 12 months or the current fiscal year, whichever is longer, that are not classified under other specific categories of current liabilities. Other short-term liabilities may include deferred revenue, derivatives and hedging liabilities, deferred tax liabilities, and miscellaneous short-term liabilities. Other short-term liabilities are recorded as a current liability on the balance sheet and are measured using the best estimates available.