Question

question 25
if the maturity of a debt instrument is less than one year, the debt is called
○ prima - term.
○ short - term.
○ long - term.
○ intermediate - term.

Explanation:

In finance (a subfield of Business), debt instruments are classified by maturity. Short - term debt is defined as debt with a maturity of less than one year. "Prima - term" is not a standard term for debt maturity. Long - term debt has a maturity of more than one year (usually more than 10 years in some definitions, or at least more than 1 year), and intermediate - term debt has a maturity between short - term and long - term (typically 1 - 10 years). So the correct term for debt with maturity less than one year is short - term.

Answer:

B. short - term