short-term debt
Definition 1
Debt with a short maturity, usually one year or less.
Definition 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.
Debt with a short maturity, usually one year or less.
Definition 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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