short-term debt

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Short-term debt

Debt obligations, recorded as current liabilities, requiring payment within the year.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

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References in periodicals archive ?
Chery Automobile Co Ltd, a China-based automaker, is issuing RMB2bn in short term bills with a maturity of 365 days in the interbank market on June 6, 2013, China Knowledge has reported.
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The 10 year Italian/Bund spread dropped back to 319 points and an auction of short term bills (BOTs) passed off without any serious problems as the morning panic on the markets eased.
The average yield on Kenyan 91-day Treasury bills slipped to 9.006 percent at auction on Thursday from 9.016 percent previously, and traders said the yields on short term bills may have peaked.