Definitions for "Short-term Debt"
Debt obligations, recorded as current liabilities, requiring payment within the year.
Obligations owing to banks or others and payable with the next 12 months.
Short Term Debts are the debts repayable within one year. It is the amount of money that the company has borrowed and which it has to repay within a period of one year. Many companies do not disclose this data in their Annual Reports and hence it is an estimation.