trade credit

trade credit
financial business from one business agent to a second; agreement to allow a deferral of payment from a customer

English contemporary dictionary. 2014.

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Look at other dictionaries:

  • Trade credit — exists when one firm provides goods or services to a customer with an agreement to bill them later, or receive a shipment or service from a supplier under an agreement to pay them later. It can be viewed as an essential element of capitalization… …   Wikipedia

  • Trade credit — Credit granted by a firm to another firm for the purchase of goods or services. The New York Times Financial Glossary * * * trade credit trade credit ➔ credit1 * * * trade credit UK US noun [U] ACCOUNTING ► an arrangement in which a business… …   Financial and business terms

  • trade credit — The use of bankers credits to secure the obligations of one or more parties to a trade deal. Instruments such as letters of credit, bonds and bank guarantees can be used to secure payment of extended credit, required particularly in overseas… …   Law dictionary

  • trade credit — an arrangement to buy goods or services on account, that is, without making immediate cash payment. Glossary of Business Terms Credit granted by a supplier to a customer to finance the customer s purchase of goods or services from the supplier.… …   Financial and business terms

  • Trade Credit — An agreement where a customer can purchase goods on account (without paying cash), paying the supplier at a later date. Usually when the goods are delivered, a trade credit is given for a specific amount of days 30, 60 or 90. Jewelry businesses… …   Investment dictionary

  • Trade Credit Insurance — or Credit Insurance is an insurance policy and a risk management product offered by private insurance companies and governmental Export Credit Agencies to business entities wishing to protect their balance sheet asset, accounts receivable, from… …   Wikipedia

  • trade credit — Credit given by one company to another; it usually results when a supplier of goods or services allows the customer a period (e. g. 14 days, 90 days) before expecting an invoice to be settled …   Big dictionary of business and management

  • trade credit — See *credit …   Auditor's dictionary

  • trade credit — / treɪd ˌkredɪt/ noun a credit offered by one company when trading with another …   Dictionary of banking and finance

  • Credit insurance — is a term used to describe both business credit insurance (a.k.a. trade credit insurance) and consumer credit insurance, e.g., credit life insurance, credit disability insurance (a.k.a. credit accident and health insurance), and credit… …   Wikipedia

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