Trade creditors refer to the companies or individuals to whom a business owes money for goods or services received as part of its daily operations. They are the suppliers and vendors that a business purchases goods or services from, but has not yet paid for.
Full definition
Synonyms for individual words can be found below.
«trade»
«creditors»
Sentences with «trade creditors»
- Recently, Elliott Greenleaf made a pitch to an unsecured creditors» committee representing trade creditors in the bankruptcy of a large manufacturer of building materials. (demep.org)
- Dubai - based developer, Limitless, is making an early payment of AED2.07 billion (US$ 0.56 billion) to banks and trade creditors after concluding a restructuring agreement with lenders. (opp.today)
- Current Liabilities: These are obligations due and payable within one year e.g. Trade creditors, bank overdraft and wages payable. (myfinancekits.com)
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