What does trade reference mean?

Phiphili · #1 (permalink) Fri May 11, 2007 3:18 am *What does trade reference mean?*

Dear Sir

Please explain what does the trade reference mean? And normally in which situation we will use it?

Thanks for your help

Lost_Soul · #2 (permalink) Fri May 11, 2007 4:28 am *What does trade reference mean?*

Hi,

a reference in which one trader gives his opinion as to the creditworthiness of another trader in the same trade, esp to a supplier

From Collins dictionary

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