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The current hour, minute, second, and fraction of a second.
The fraction of a second is stored to 6 decimal places. The accuracy of the current time is limited by the accuracy of the system clock.
The returned date is based on a reading of the system clock when the SQL statement is executed by the UltraLite runtime. If you use CURRENT TIME with any of the following, all values are based on separate clock readings:
CURRENT TIME multiple times within the same statement
CURRENT TIME with CURRENT DATE or CURRENT TIMESTAMP within a single statement
CURRENT TIME with the NOW function or GETDATE function within a single statement