/ˈʃɔrtˌtɜrm dɛt/ – Noun
Definition: Nợ ngắn hạn: các khoản nợ phải trả trong thời gian ngắn, thường dưới 1 năm.
A more thorough explanation: borrowed money that will be paid back within 12 months
Example: As a result, the company didn’t reduce its short-term debt, contrary to our previous expectations.