Short-Term Loan

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Short-Term Loan

Any loan that must be repaid or refinanced within one year. Short-term loans are recorded on a balance sheet as current liabilities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
To provide further support to meet funding requirements of NPPMCL, the PDFL also provided a short term loan of Rs32.738bn.
These included a PS5.5 million short term loan for a supermarket redevelopment site in the South West and a short term loan for a company purchasing a student block in Leicester for PS3 million.
The previous 154.40 million Kuwaiti Dinars loan facility consisted of 88.40 million Kuwaiti Dinars short term loan and a 66 million Kuwaiti Dinars medium-term loan.
Stratford MP Nadhim Zahawi says if people were not able to use legitimate short term loan companies, they would resort to illegal money lenders.
Remembering all the obstacles placed in Dave's way when he was trying to open his own tiny bank two years ago, the lack of regulation governing short term loan companies is nothing short of scandalous - as the Office Of Fair Trading's scathing report found.
He said the short term loan was necessary because a payment expected in March "was not received."
DAVID BECKHAM has confirmed that he is in discussions with AC Milan with a view to a short term loan move to the San Siro.
Summary: New Delhi [India], Jun 8 (ANI): Air India has invited bids for Rs 1,000-crore Short Term Loan (STL) from financial institutions and banks to meet its "urgent working capital requirements."

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