anarrangementin which abusinessallowsothercompaniestopayforgoodsorservicesseveralweeksormonthsafterreceivingthem:Theyfiledforbankruptcyon May 18,citinglosses,weaksales, andconstrictedtradecredit.(Definition oftrade creditfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoftrade credit
trade creditTradecreditis the credit extended by one trader to another for the purchase of goods and services.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Tradecreditinsurance is, therefore, a trade finance tool.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.If a buyer does not pay, thetradecreditinsurance policy will pay out a percentage of the outstanding debt.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.There are many reasons and ways to managetradecreditterms for the benefit of a business.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Results focus foremost on economics, specifically sovereign default risk and/or payment default risk for exporters (a.k.a.tradecreditrisk).FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Tradecreditfacilitates the purchase of supplies without immediate payment.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.With a wide trading network,tradecreditand finance became increasingly important to banks, merchants, manufacturers and traders.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This points to the major roletradecreditinsurance plays in facilitating international trade.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.There are many forms oftradecreditin common use.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.It was believed that its continued weak sales, along with operating losses and constrictedtradecredit, contributed to its bankruptcy.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/trade-credit##
