SHORT TERM DEBT Definition

Bookmark and Share

SHORT TERM DEBT is any debt owed by a company that is due and payable within one year. The debt is often made up of short-term bank loans the company is liable for.

Learn new Accounting Terms

ORDINARY COURSE OF BUSINESS is the actions or results that would logically be expected in the regular or planned operating activities of a business as opposed to extra-ordinary transactions or activities, e.g. trade liabilities, capital asset procurement or revenue and its sources.

WON is a currency of North Korea and South Korea.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.