Short-Term Funds definition
Short-Term Funds means funds not needed immediately for operating purposes as well as funds reserved for facilities construction or other capital purposes or other purposes. Short-Term Funds are generally invested in high-quality fixed-income investments that generate high levels of current income, the maturities of such investments are either short term or staggered so that maturities coincide with expenditures;
Short-Term Funds means operating Funds or other monies designated to be spent within twelve months.
Short-Term Funds means a sum of money that an insurer loans to an SBA borrower to fund the SBA borrower's anticipated use of SBA 504 loan proceeds where the insurer's loan is secured by a lien on real property or by any other form of collateral authorized by the commissioner.
Examples of Short-Term Funds in a sentence
Proceeds from the sale of these shares consisted of cash or notes receivable due on demand but no later than sixty months from date of purchase with an interest rate equal to the Federal Short-Term Funds Rate.
More Definitions of Short-Term Funds
Short-Term Funds means funds that should be used for one (1) time or short amount of time that should not be longer than thirty (30) business days.