current liability

noun

: a liability that arises in the ordinary course of business and must be met in a comparatively short time (as an account payable or an accrual of interest not yet due)

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Dictionary Entries Near current liability

Cite this Entry

“Current liability.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/current%20liability. Accessed 23 Jul. 2024.

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