Trade Credit definition

Trade Credit means accounts receivable, trade credit or other advances extended to, or investment made in, customers or suppliers, including intercompany, in the ordinary course of business.
Trade Credit accounts receivable, trade credit or other advances extended to, or investment made in, customers, suppliers, including intercompany, in the ordinary course of business.
Trade Credit means any obligation incurred or assumed by the Company in the ordinary course of business in connection with the obtaining of materials or services, and all obligations of the Company in respect of any guarantees of such obligations of subsidiaries of the Company; provided that Trade Credit shall not include any obligations of the Company in respect of travelers checks or other unsubordinated financial instruments issued by the Company.

Examples of Trade Credit in a sentence

  • Where the Contracting Retailer has selected Trade Credit Insurance as the basis on which to access an Unsecured Credit Allowance, the Contracting Retailer shall provide the Contracting Wholesaler with confirmation of this and self-certification as set out in paragraph 8 of Schedule 2E, within two (2) Business Days of the issue by the Market Operator of the P1 Settlement Report.

  • Help protégés develop an effective strategy for managing time and priorities, including allocating time to projects, managing email, acknowledging and addressing barriers, and balancing multiple demands.

  • Statement on Guarantee/ Letter of Undertaking/ Letter of Comfort issued by AD banks in respect of Trade Credit ( Annex V)Part V: Annex IForm ECB Application for raising External Commercial Borrowings (ECB) under Approval RouteInstructionsThe complete application should be submitted by the applicant through the designated authorised dealer to the Principal Chief General Manager, Foreign Exchange Department, Central Office, ECB Division, Reserve Bank of India, Mumbai 400 001.

  • Total Trade Credit (TC) (I+II)*: or Supplier**: Please type respective code such as SC or BC; STC or LTC.***: Petroleum Oil Lubricants (POL), Capital Goods (CG), Others (OT)Note 1: The format of the loan identification number is : TC/(Name of the Bank/branch)/(Identification No.)Note 2: Information in column nos.

  • We are subject to the Master Direction on External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised Dealers, 2016 (“ECB Direction”) issued by the RBI, which governs all forms of borrowing from non-resident entities other than by the issue of non-convertible debentures, affecting our ability to freely raise foreign currency borrowings.


More Definitions of Trade Credit

Trade Credit shall have the same meaning as assigned to it under guidelines of the Reserve Bank of India as amended.
Trade Credit means that certain Trade Credit extended by the Trade Creditors to the Borrowers pursuant to the Trade Credit Documents.
Trade Credit means buying goods from suppliers now (e.g. sugar, fruit, packaging) but paying for them later (with the suppliers’ agreement).
Trade Credit means any debt for payment of goods or services where the payment may be required by the vendor after a stipulated period after the supply of the goods or services, but does not include a short 10
Trade Credit means a credit granted to the Customer by Zakład Produkcji Folii EFEKT PLUS Sp. z o.o. consisting in the deferral of the date of payment for the Products released to the Customer.
Trade Credit means any debt for goods or services; but
Trade Credit means any of those amounts;