Trade payment
A trade payment is what your business pays a vendor for something it bought.
Reviewed by the Red Spectrum Customer Support Team. Last reviewed .
This meaning is taken from How trade payments are reported, which gives its own sources.
Sources
- How trade payments are reported (this site) · /learn/net-30/how-trade-payments-are-reported · checked
“A trade payment is what your business pays a vendor for something it bought.”