(Wydział Prawa i Administracji UAM, 2006) Zawadzka, Danuta
The paper focuses on trade credit issues. The aim of the study was to characterise the demand
for delayed payments on the grounds of a trade credit facility. The economic models presented in
the paper, called by the author traditional, are the basis on which contemporary researchers use to
verify empirically the motives behind the wish to delay payments in commercial transactions. The
author concentrates mainly on the work of Swartz, Eliehausen and Wolken, and Laffer. The model
approach for optimal amount of trade credit, trade credit demand and its essence as a part of
money supply are presented in the paper.