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.

Cite Term

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https://payrollheaven.com/define/short-term-debt/
Modern Language Association (MLA):
Short-Term Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 03, 2025 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: February 03, 2025).
American Psychological Association (APA):
Short-Term Debt. PayrollHeaven.com. Retrieved February 03, 2025
, 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.