short-term debt

short-term debt definition - business

short-term debt

Debt of a business or other entity that is due to be paid within one year. Short-term debt is a component of current liabilities on a firm's balance sheet.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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