trade paper

If they couldn't pay cash, I would take notes, which could be used as trade paper with my creditors, by endorsing the same.

This trade paper, from its start, had been urging the coffee men to organize for defense.

In general, "trade paper" is used to settle accounts only when the credit terms are still long, that is, four months or more.

This left Edwards with a sketch a month for the trade paper, for which he was paid $10 each.

There was an order, too, for more sketches for the trade paper, to be done in another vein.