short-term debt Meaning in the Cambridge English Dictionary
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Meaning of “short-term debt” in the English Dictionary

"short-term debt" in Business English

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short-term debtnoun [C or U]

uk   us   (also unfunded debt)
FINANCE money that has to be ​paid back to a ​lender in a ​year or less: This country is in danger of ​defaulting on its ​short-termdebts to foreigners. She might be able to ​roll her ​expensiveshort-termdebt into the ​mortgage.
(Definition of short-term debt from the Cambridge Business English Dictionary © Cambridge University Press)
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