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English definition of “short-term security”

short-term security

noun [C, usually plural]     STOCK MARKET
a financial investment such as a bond that will be paid back in less than five years: The drop in the dollar caused little reaction in interest rates on short-term securities. The aftermath of the crisis sent a signal to investors that they are less likely to sustain losses by investing in short-term securities.
(Definition of short-term security noun from the Cambridge Business English Dictionary © Cambridge University Press)
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