Question

Short term credit and medium term credit distinguish between​

Answer 1

$\bold{\red{\dag{\red{\bold{....ANSWER....}{\dag}}}}}$

Short term credit refers to taking loans for agriculture needs for the period of 0-1 year. Medium term credit refers to taking loans for agriculture from the period of 1 year till the maturity of 3rd year.❤

Answer 2

Answer:

Short-term finance could describe any liability repayable within three years, though most sources are repayable within one year. Medium‐term provision is usually arranged to match the lives of projects from four to ten years.