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What does trade reference mean?



 
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What does trade reference mean? Fri May 11, 2007 4:18 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
phiphili
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Joined: 12 Jan 2007
Posts: 12

What does trade reference mean? Fri May 11, 2007 5:28 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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