short dated

/ʃɔrt ˈdeɪtɪd/
adjective
  1. Having a date that is soon to expire; not lasting for a long time.
    • Make sure to check the label for short-dated items before buying.
    • The store sold short-dated bread at a discount.
    • We used the short-dated milk first so it wouldn't go to waste.
  2. Relating to a financial document, such as a bond or loan, that matures or must be repaid within a short period of time.
    • Investors prefer short-dated bonds when interest rates are uncertain.
    • Short-dated securities are less risky than long-term ones.
    • The company issued short-dated notes to cover immediate expenses.
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