### Question
How is the term covered payment of supplier arrearages defined?


### Answer
The term **covered payment of supplier arrearages** is defined in *11 U.S.C. § 547* as the following:

> a payment of arrearages that—


(i) is made in connection with an agreement or arrangement—


(I) between the debtor and a supplier of goods or services to defer or postpone the payment of amounts due under an executory contract for goods or services

#### Citation:
  - *11 U.S.C. § 547*
  - Heading: **CHAPTER 5-CREDITORS, THE DEBTOR, AND THE ESTATE > SUBCHAPTER III-THE ESTATE**

