Short-Term Loan


Also found in: Acronyms.

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.
References in periodicals archive ?
The QCash loan platform was developed in 2004 by WSECU after the credit union's tellers noticed a substantial number of its members required small, short-term loans from payday lenders that were charging excessive fees and interest rates.
The short-term loan from the IDB has been offered to import crude oil from Saudi Arabia and the lender directly pays the oil supplier on behalf of an oil importer.
V:SCZ), has signed a short-term loan facility with Trafigura Mexico, SA de CV, a subsidiary of Trafigura Group, in the principal amount of USD725,000.
There is a great synergy with the services we offer through Wesleyan Bank where we already have a successful short-term loans business.
There are 1476 short-term loan shops across the UK.
We are, like a large number of other football clubs, experiencing cashflow issues and, to that end, the club have negotiated with the PFA a temporary short-term loan which is to be repaid in mid-January 2013.
Subsequent to the completion of this bond issuance, the Company's loan portfolio has been further expanded which allows us to better capture the booming demand for short-term loans to SMEs in the PRC for the best interest of the shareholders.
SINCE 2003, federal, state, and local governments have been hustling to impose onerous restrictions on payday lenders, who offer high-interest, short-term loans, often taken out against the guarantee of a future paycheck.
PEOPLE seeking short-term loans to help them make it to pay day have been urged to turn to credit unions for help.
Since Liberty First CU holds its short-term loans on its own books, as opposed to offering them through a CUSO, it faced the challenge of writing its own loan policies and procedures that fall within NCUA's short-term loan guidelines.
As a result, short-term loans, pawnbroking and gold buying businesses all saw greater levels of demand.
A short-term loan has been mooted by Portugal's opposition Social Democrats as a solution to growing financial uncertainty caused by the resignation of the government after parliament rejected its latest austerity measures.

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