{"iri":"https://folio.openlegalstandard.org/RDMogej8AdNSlkztHiKlIGK","label":"Current Financial Obligations","sub_class_of":["https://folio.openlegalstandard.org/R9ce0e5pb4hAULGEtqlBCV8"],"parent_class_of":["https://folio.openlegalstandard.org/R77rieb3DsQdxBQrzBKyb0k","https://folio.openlegalstandard.org/RB0BQnKqp4YyKynd8nzdBs4","https://folio.openlegalstandard.org/RCyz3h5etVpg1QE5JvUlCNp"],"is_defined_by":null,"see_also":[],"comment":"Stemmed from Bankruptcy Project","deprecated":false,"preferred_label":"Current Liability","alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Current Financial Obligations, also known as Current Liabilities, are debts or obligations that a company is expected to settle within one fiscal year or operating cycle, whichever is longer. These can include accounts payable, short-term loans, and other debts that are due within a short timeframe, and they are listed on a company's balance sheet.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}