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The phrase "a trade debt" is correct and usable in written English.
It can be used when referring to a financial obligation arising from a transaction or exchange of goods and services between businesses.
Example: "The company is struggling to pay off a trade debt that has accumulated over the past year."
Alternatives: "business debt" or "commercial debt".
Exact(1)
Countries may make payments in settlement of a trade debt, for capital investment, or for other purposes.
Similar(59)
Meantime, Poland has accumulated a $4.5 billion trade debt with Russia, mostly in payments for Russian natural gas.
In our lived experience, we've lost millions of jobs, de-industrialized our economy, weakened bargaining power for every worker in America, run a cumulative trade debt approaching $10 trillion and we've lost our strategic advantage in manufacturing to Korea, Japan, Singapore, Germany, Denmark and China.
They ended up with 77 of the best stores, about 60% of the lot, and enough for the bankruptcy trustee to pay bondholders 22 cents on the dollar in the $21 million buyout (which did not include an undisclosed amount of trade debt).
If your problems come from credit card or trade debt and you have a home or a whole life insurance policy, you might consider borrowing money on the policy or a second mortgage on your home.
It has been some time since the British public faced major campaigns on trade, manufacturing, agricultural subsidies, the arms trade, debt, to name a few.
She changed jobs a couple of times, and is now a vice president of a firm in Midtown Manhattan that buys and sells trade debt.
We have to do aid, trade, debt relief and investment in an honest capacity.
Download the MDG 7 Factsheet for Viet Nam (2010) MDG 8: Develop a Global Partnership for Development Poverty reduction and sustainable development are clearly linked to trade, debt relief and aid, better enabled by developing global partnerships.
The creditors will trade debt for the remainder of the equity.
Or to trade debt for valuable rain forest lands, makes eminent sense.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com