Question

State the meaning of Trade Credit ,.?

​

Answer 1

Explanation:

Trade credit is the loan extended by one trader to another when the goods and services are bought on credit. Trade credit facilitates the purchase of supplies without immediate payment. Trade credit is commonly used by business organizations as a source of short-term financing.

Hope this helped :)

Answer 2

Answer:

MEANING OF TRADE=TRADE IS SOMETHING LIKE YOU SELL SOMETHING TO A PERSON FOR MONEY AND THE PERSON SELL IT TO ANOTHER PERSON FOR MONEY

MEANING OF CREDIT=CREDIT IS SOMETHING THAT GIVEN TO YOU OR SOMEONE FOR DOING A THING MAKE ME BRAINLIEST AND FOLLOW ME