noun
short-term bill
A financial instrument with a maturity of less than one year, used in commercial transactions.
企業は資金調達のために短期手形を発行した。
The company issued short-term bills to raise funds.
長期手形 is a long-term bill with a maturity of one year or more, while 短期手形 matures in less than a year.
Compound of 短期 (short-term) and 手形 (bill, note). The exact historical derivation is uncertain, but the term is a standard financial expression.