Usually one year or less, often used to refer to bonds or loans. opposite of long-term.

Use short-term in a sentence

I applied for a short-term personal loan to cover my trip; the loan must be repaid in one year or less.

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You need to do your best to not worry about the short-term and always have the big picture on your mind.

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The short-term loan was paid back after only one month as the borrower did not feel comfortable having debt on his balance sheet.

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tick index ultra-short-term bond fund