short-term loan - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “short-term loan”

short-term loan

noun [C]
 
 
FINANCE
money that is lent for a short time, usually less than one year: He secured financing for the project - two short-term loans for $80,000 and $30,000. →  Compare long-term loan
(Definition of short-term loan from the Cambridge Business English Dictionary © Cambridge University Press)
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