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 ?
CRISIL has withdrawn its 'P1+ (Rating Watch with Negative Implications)' rating on SKS Microfinance Ltd's (SKS's) short-term debt programme as there is no amount outstanding against the instrument.
But more important, a short-term debt market is critical for the use of the euro as a reserve currency.
The new agency would almost certainly issue more short-term debt, and do so in a predictable manner.
These cash flow needs have been funded with short-term debt, pressuring leverage indicators.
30, 2006, is weak in relation to short-term debt commitments of US$143 million and total debt of $203 million.
Over the past several years, the company has maintained adequate levels of liquidity with a balance of cash and marketable securities in the US$50 million-US$70 million range, generally exceeding short-term debt commitments.
82% First Mortgage Bonds due 2036 issued by The Empire District Gas Company, and with short-term debt issued by The Empire District Electric Company.

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