The Economics of Money and Banking Chapter 3 Credit and Financial Instrument >>Forms of Credit 1 A:Commercial Credit Credit: Commercial credit is the credit that is provides mutually between enterprises and is linked directly to goods exchange.Usually History commercial credit is provided in the form of either sale of goods on credit or payment of goods in advance. and Types Characteristics of Commercial Credit Subject:enterprises non-financial enterprises) Object:commodity ▣ Most convenient way to solve the buyer's inadequate circulation ▣ Keep with economic activities 5 GUO YING SEM TONGJI UNIVERSITYThe Economics of Money and Banking 5 GUO YING SEM TONGJI UNIVERSITY 1 Forms of Credit Chapter 3 Credit and Financial Instrument Credit: History and Types A: Commercial Credit Commercial credit is the credit that is provides mutually between enterprises and is linked directly to goods exchange. Usually commercial credit is provided in the form of either sale of goods on credit or payment of goods in advance. Characteristics of Commercial Credit  Subject: enterprises ( non-financial enterprises)  Object: commodity  Most convenient way to solve the buyer’s inadequate circulation  Keep with economic activities