Trade Creditor

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Trade Creditor

A seller who delivers goods to a buyer and does not require payment for a certain period of time. This means that the buyer owes money to the seller for the trade, making the buyer a debtor and the seller a trade creditor.
References in periodicals archive ?
4m) in early payment to banks and trade creditors a week before schedule.
3m) to trade creditors, with the developer repaying almost half of its outstanding debt obligations.
It means the developer, whose projects include a 200-hectare residential and commercial development in Dubai's Jebel Ali, will have cut its liabilities to banks and trade creditors by almost half come the year-end.
Summary: This will be for lender banks and trade creditors and will be done on December 21
3 million) to banks and trade creditors tomorrow (December 21).
4 million to banks and trade creditors on Thursday.
1 billion (US$ 564 million) to banks and trade creditors this month, as per a company statement.
07 billion to banks and trade creditors will take place on Saturday, 28 May 2016.
As this can take several months, it can be a financial burden to require trade creditors to support the debtor's reorganization and rehabilitation by supplying more goods and services needed in the normal operation of its business on credit terms prior to assumption or rejection.
Trade creditors often face the issue of whether they are required to continue providing goods or services on credit to a customer that has filed chapter 11 bankruptcy.
Summary: Trade creditors often face the issue of whether they are required to continue providing goods or services on credit to a customer that has filed .
The land has been valued by reputable companies and was accepted by lenders and trade creditors," chairman Ali Rashed Lootah said after a press conference yesterday, without saying who evaluated the asset.