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what is the difference between long term debt and short
term debt?
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Answer / sunil
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
| Is This Answer Correct ? | 22 Yes | 1 No |
Answer / deepak
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.
| Is This Answer Correct ? | 21 Yes | 7 No |
Answer / abubakari peter
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.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / chinna
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.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / harish kumar sahu
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.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anil
long term debt is given for long period
short term debt is given for short period
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / rajesh
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
| Is This Answer Correct ? | 13 Yes | 23 No |
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