deferred liability - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “deferred liability”

deferred liability

noun [C]
 
 
ACCOUNTING an amount included in a company's accounts for money that it owes, but that it will only pay back at a future date: At the end of the life of the lease, the deferred liability will be zero.
(Definition of deferred liability from the Cambridge Business English Dictionary © Cambridge University Press)
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