Short-Term Interest Rate Posted on 21st December 20158th May 2021 by ThePD (The Project Definition) A Short-Term Interest Rate is a rate at which short-term borrowings with a maturity of less than one year. Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Related Posted in Business and tagged commercial. ThePD (The Project Definition) ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.