Define: Trade Creditors

UK Accounting Glossary

Definition: Trade Creditors


Quick Summary of Trade Creditors


Persons who supply goods or services to a business in the normal course of trade and allow a period of credit before payment must be made.



What is the dictionary definition of Trade Creditors?

Dictionary Definition


trade creditor is a supplier who has sent your business goods, or supplied it with services, who you haven’t yet paid.


Full Definition of Trade Creditors


The amount that goes on your business’s balance sheet for trade creditors is the sum of all its unpaid invoices from suppliers, as at that point in time.




Cite Term


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Page URL
https://payrollheaven.com/define/trade-creditors/
Modern Language Association (MLA):
Trade Creditors. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 17, 2019 https://payrollheaven.com/define/trade-creditors/.
Chicago Manual of Style (CMS):
Trade Creditors. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/trade-creditors/ (accessed: July 17, 2019).
American Psychological Association (APA):
Trade Creditors. PayrollHeaven.com. Retrieved July 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/trade-creditors/

Definition Sources


Definitions for Trade Creditors are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.