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short-term debt |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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Short-term debt 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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