Last Updated
：2025/12/04
current liability
（ plural ）
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(accounting) A liability or financial obligation which will come due in the near-term (often within one year).
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current liability
The auditor found that the company's current liability had been understated, which could mislead investors about its short-term solvency.
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The auditor found that the company's current liability had been understated, which could mislead investors about its short-term solvency.
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