Short-term debt is a financial obligation that is expected to be paid off within a year. Such obligations are also called ...
Short-term debt includes obligations like bank loans that are due within a year. High short-term debt can signal potential financial instability. Effective management of short-term debt is crucial for ...
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Businesses may have short-term and long-term debt to finance different areas of the company. You typically have to repay short-term debt within a year. It can include money you owe for wages, accounts ...