Short-Term Debt

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Definition: Short-Term Debt

Short-Term Debt
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Full Definition of Short-Term Debt

1. Debt with a short maturity, usually one year or less. 2. A part of a company’s balance sheet within the current liabilities section. Short-term debt is usually due within one year. If a company has more short-term debt than available cash or investments to cover the debt’s payments, the company could be forced to take on additional debt and could be in poor financial health.

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https://payrollheaven.com/define/short-term-debt/
Modern Language Association (MLA):
Short-Term Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/short-term-debt/.
Chicago Manual of Style (CMS):
Short-Term Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/short-term-debt/ (accessed: April 24, 2024).
American Psychological Association (APA):
Short-Term Debt. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/short-term-debt/

Definition Sources

Definitions for Short-Term Debt are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.