Let letter

The book of a merchant from 1908

In the case of lettering, or burch-buying, an uncontrolled supplier's credit is mainly used in the retail trade, where the seller, while selling goods, transfers the goods to the purchaser without receiving a complete purchase price for it. p>

The seller noted the amount of this supplier's credit in his business books (he wrote it), because he had a claim against his buyer that is associated with a credit risk. The merchants and farmers set up their own account books, in which all purchases were registered, that is, "written" and then were usually billed or paid weekly or monthly. This close link between commodity and commodity credit was the predecessor of today's partial payment business. To pay was usually at the month of the month, when the wage and salary payment at the buyer received.

A commodity credit today is the guest's note of food and drink in the pub on the beer coaster, which is paid by the guest only at the end or also weekly or monthly.

It has always been the main application of the key authority that affects the householder's impact and allows her to borrow from the trader. Edit SingleNotesQuote text

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