Short-Term Debt
A Short-Term Debt is a debt with a debt maturity period of 12 months or less.
- Example(s):
- Counter-Example(s):
- See: Financial Market, Money, Loan, Over-The-Counter (Finance), Treasury Bill, Commercial Paper, Bankers' Acceptance, Deposit Private Equity (Finance).
References
2016
- (Wikipedia, 2016) ⇒ https://en.wikipedia.org/wiki/Money_market Retrieved:2016-10-5.
- As money became a commodity, the money market became a component of the financial markets for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less. Trading in money markets is done over the counter and is wholesale.
There are several money market instruments, including treasury bills, commercial paper, bankers' acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities. [1] The instruments bear differing maturities, currencies, credit risks, and structure and thus may be used to distribute exposure. [2]
Money markets, which provide liquidity for the global financial system, and capital markets make up the financial market.
- As money became a commodity, the money market became a component of the financial markets for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less. Trading in money markets is done over the counter and is wholesale.
- ↑ Frank J. Fabozzi, Steve V. Mann, Moorad Choudhry, The Global Money Markets, Wiley Finance, Wiley & Sons (2002), ISBN 0-471-22093-0
- ↑ "Money Market", Investopedia.
- (City Council of Barnstable, 2016b) ⇒ Town of Barnstable. (2016). “Town of Barnstable Adopted Operating Budget - 2017."
- QUOTE: Short-term debt: Outstanding balance, at any given time, on amounts borrowed with a maturity date of 12 months or less. (See Note)