Business GCSE
Short-term, medium-term and long-term finance
What Short-term, medium-term and long-term finance means in Business GCSE, as defined for AQA.
Definition of Short-term, medium-term and long-term finance
Check what you remember
Read the wording for your board, then hide it and explain Short-term, medium-term and long-term finance in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Sources are matched to a time frame, such as a short-term overdraft or trade credit for working capital, medium-term leasing or hire purchase for equipment, and a long-term loan or share issue for expansion.
Topics that use Short-term, medium-term and long-term finance
- Sources of finance (AQA GCSE)
Related terms
- Application to context
- Cash Flow
- Dividends
- External finance
- External sources of finance
- Internal versus external sources of finance
- Retained profit
- Risk and cash-flow pressure
Using Short-term, medium-term and long-term finance in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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