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 ?
In fact, in 2002, cash balances began to top short term debt, clearly illustrating that liquidity has improved substantially for the average U.
Fitch Ratings has affirmed the long and short term debt ratings of Citigroup at 'AA+/F1+' and its subsidiaries and maintains the Rating Outlook at Stable.
The restructured company will have no short term debt, lower payables and a very focused and efficient organization going forward.
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').