long term debt is given for a long period of time generally 
for more than 5 years whereas short term debt is concerned 
with the debt less than 5 years

A debt whic are payable after one year considered as Long 
term debts.On other hand debt which are paybale within a 
year called short-term debt.ther is one more duration 
between 3 to 5 years is called Middle term debt.

The debt which we need to pay within one year is short term
debt where as long term debt is we need to pay more than one
year

The difference between long term debt and short term debt is
that
Long term debt is a debt that can be paid after a one year
and short term debt is a debt that has to be paid with in a
period of one year

It is very similar to the short term investment and 
longterminvestment. ie,a debt which has the chance to pay 
after a period of 12 months is longterm debt.and a debt 
which has to pay in period of less than 12 months is called 
as short term debt.

1.Long term debt is a long time peried and short term 
peried is small time.
2.Long term debt is a more then one year and short term 
peried is a less then one year.
3.Long term is under for example the fund ,purchase a land 
etc.and short term debt is a invest a money short peried 
for as share and dive.

short term debt is a debt which is payable within a year.

long term debt is a debt which is payable beyound one year.
but short and long term debt will also depend on the type 
of the organization.e.g taking an organization like ghana a 
debt for 5 years is considered short term.