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Debt vs liability

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Is there any difference between debt and liability (as used in accounting)? Nemohuman (talk) 21:29, 31 March 2023 (UTC)[reply]

Yes. Debts are created by borrowing and court orders. An obligation that does not arise from either of these is a liability, but not a debt. 67.180.143.89 (talk) 19:39, 7 May 2023 (UTC)[reply]