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Aging out is explained by latent trait theory in that one's propensity to commit crime remains steady over the life course. Only the opportunity to commit crime fluctuates over time.
Long-Term Debt
Debt that is due for repayment more than one year in the future, often used for significant investments or acquisitions.
Currently Maturing
Refers to liabilities or obligations that are due to be paid or settled within the next fiscal year.
Current Liability
A financial obligation or debt that is due within one year from the balance sheet date or within the entity’s normal operating cycle, whichever is longer.
Long-Term Liability
Financial obligations or debts that are due for repayment in a period exceeding one year, impacting a company’s long-term financial stability.
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