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“If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.”
 
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Tags: Coming | Days | Debt | Demanded | Due | Lot | Means | Money | Period | Short | Short-Term | Technically | Time | Typically | Very | Within | Year
 
Author details
 
 
Nationality:   American
 
Date of Birth:   Nov 5, 1954
 
Profession:   Economist
 
 
 
 
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