short-term debt

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Short-term debt

Debt obligations, recorded as current liabilities, requiring payment within the year.

Short-Term Debt

Any bond or other debt that must be repaid or refinanced within one year. Short-term debts are recorded on a balance sheet as current liabilities.

short-term debt

That portion of debt that is payable within one year.Consumers typically include only debts maturing in one year in their schedule of short-term debts.Businesses usually segregate debt into the current year's portion of all debt,with the balance,if any,categorized as long-term debt. When completing a form financial statement for a lender, it is important to find out that lender's definition of short-term debt. Placing debts in the wrong category could result in a failure to meet certain critical ratios,and denial of the loan.

References in periodicals archive ?
Following the announcement made by FleetBoston Financial Corporation earlier today, Fitch Ratings has affirmed all ratings including long term senior debt ('A+') and short term debt ('F1').
The nuclear asset sale proceeds are subject to sales tax payments, which will be partially funded with new short term debt of about $20 million later this year.
In a three part transaction, TRIBASA exchanged N$170 million in par value government bonds purchased at a discount against short term debt, repaid N$41 million in cash and restructured N$199 million in short term debt into a three year instrument under which, the inflation component of interest expense will be capitalized over an 18 month period.