Tag: short term

Short Term definition explanation

What is Short Term?
1. In general, holding an asset for short period of time.

2. In accounting, an asset expected to be converted into cash in the next year, or a liability coming due in the next year. Also known as current assets and liabilities.

3. For investing, a security that matures in one year or less.

4. For taxes, a holding period of less that one year. Read more for examples and further explanation including related video clips and also comments
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