_______ is a source of short term capital?

A. Shares
B. Overdraft
C. debenture
D. leasing

Correct Answer:

Option B – Overdraft

Explanation

Short term capital is Liquid funds or assets that can be turned into liquid funds within less than a one year period. The amount of short-term capital that a business has available to it typically determines how much it can afford to devote to its operating expenses and will often affect its growth rate.

overdraft is an example of short term capital