Agricultural credit
(920 words)

Agricultural credit was a common phenomenon in the rural societies of the modern period [3. 339, 343]; [6. 1340]. Short-term payment deferrals took into account the circumstance that the financial resources of peasants were subject to seasonal fluctuations [4. 285]. The sources refer primarily to long-term agricultural credit. National or territorial regulations governed the general system. In the Holy Roman Empire, interest was generally set at around 5% by the 15th century; this percentage was made mandatory in the Empire in the 16th century [1. 6]; [3. 331] and in France i…

Cite this page
Troßbach, Werner, “Agricultural credit”, in: Encyclopedia of Early Modern History Online, Executive editor of the English edition: Graeme Dunphy. Consulted online on 16 December 2017 <http://dx.doi.org/10.1163/2352-0272_emho_SIM_016633>
First published online: 2015
First print edition: 20160321



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