trade debtor

trade debtor
trade debtor UK US noun [C] ACCOUNTING
a business that has not yet paid for goods or services that have been supplied to it by other businesses: »

Invoice discounting provides a company with cash against invoices raised to trade debtors.

»

We have improved our working efficiency and are working with lower trade debtors.

Compare TRADE CREDITOR(Cf. ↑trade creditor)

Financial and business terms. 2012.

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