SHORT TERM DEBT Definition

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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.

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D as the fifth letter of a Nasdaq stock symbol indicates that it is a new issue, e.g. resulting from a stock split.

ASSESSMENT is a. proportionate share of a shared expense; or, b. amount of tax or other levied special payment due to a governmental municipality or association.

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