Encyclopedia of Early Modern History Online

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Agricultural credit
(913 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…

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Troßbach, Werner, “Agricultural credit”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 19 March 2024 <http://dx.doi.org/10.1163/2352-0272_emho_SIM_016633>
First published online: 2015
First print edition: 20160321



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