Short term loan,
Definition of Short term loan:
In general, a loan with a maturity period of one to five years.
How to use Short term loan in a sentence?
- The company had a bad two months. They went to the bank for a short term loan so that they could continue operating.
- I got a short term loan from the bank which was a bummer because I wanted a long term loan.
- Short term loan would be a good way to start a business, since businesses should show a profit within the first five years.
Meaning of Short term loan & Short term loan Definition
