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Trading partner is any entity with which the organization does any kind of business transaction. Business partners are used to define the rights and responsibilities of each business partner in a business transaction.
A region or country that another region or country buys goods from or sells goods to: The United States is Vietnam's largest trading partner. Exporters are struggling because Britain's trading partners are cutting back on orders.
Trading Partner Agreements and Business Information Healthcare providers partner with health insurance programs to send and receive information regarding the costs of services and funds to cover the costs. In this sense, trading partner agreements are used to manage insurance payments and plans.
What is a Trading Partner? A Trading Partner is a clearinghouse, billing agent or provider that submits one or more of the following inbound transactions: 837 (I, P and D), 270, 276, and 834I directly to the Fiscal Agent for processing. A Trading Partner can also receive outbound transactions from the Fiscal Agent.
(23) Trading partner The term ?trading partner? means? (A) a manufacturer, repackager, wholesale distributor, or dispenser from whom a manufacturer, repackager, wholesale distributor, or dispenser accepts direct ownership of a product or to whom a manufacturer, repackager, wholesale distributor, or dispenser transfers ...
What is an EDI Trading Partner? An EDI trading partner refers to a business trading partner with whom you trade goods using electronic communication. Most supply chain companies will have a large network of trading partners and primarily communicate and trade using EDI standards.