short-term funding

Definitions (2)

1. Act of seeking or finding sources of monetary funds for a period of time of less than one year. For example, project managers may seek short-term funding for unanticipated expenses.
2. Financial instruments, usually a type of debenture, which are used to provide financing to a larger project. For example, a company can generate short-term funding by issuing commercial paper or short-term bonds.

Use short-term funding in a sentence

You should try and get your hands on some short-term funding if you have a good idea that will run out soon.

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We needed to get some short-term funding in order to cover the shortfall we had last quarter, and thankfully some investors were interested.

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The owner of the "Riverside Bar and Grille" went to multiple banks asking for short-term funding after the inspector came and found mold that needed to be removed.

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