A debt one must repay in full in a short period of time. It especially refers to a medium- or long-term debt.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A debt that is to be paid within a short period of time.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.