Credit note


 

Home
Site Map
Add Term
Search
About Us
Contributors

Credit note

A note, issued to a person or company when goods are returned by them, which cancels the original invoice. If the invoice has been settled before the goods are returned the credit note will then entitle the holder to alternative goods (or sometimes cash) to the original value.



Similar Matches

Evergreen credit

Evergreen credit

Revolving credit without maturity.


National Credit Union Administration

National Credit Union Administration

In the US, the National Credit Union Administration is an independent federal agency which supervises federal credit unions and insures members' deposits.


Credit card

Credit card

Any card, plate or coupon book that may be used repeatedly to borrow money or buy goods and services on credit.


Credit

Credit

1. Recorded as positive (+) in the balance of payments, any transaction that gives rise to a payment into the country, such as an export, the sale of an asset (including official reserves), or borrowing from abroad. Opposite of debit. 2. A loan. For example, a trade credit.


Confirmed Letter of Credit

Confirmed Letter of Credit

A letter of credit which a bank other than the bank that opened it agrees to honor as though they had themselves issued it. This additional confirmation is in addition to the obligation of the bank which issued the letter of credit.


Further Suggestions

Open end credit
Full faith and credit obligations
Time Letter of Credit
Comparative credit analysis
Federal Intermediate Credit Bank
Revolving credit agreement
Credit analysis
Credit union
credit spread
Credit agencies
credit reference agency
credit rating
Export credit insurance
Domestic credit
Accredited investor
Usance Letter of Credit
Federal Farm Credit System
credit union
Letter of credit (LOC)
Export Credits Guarantee Department
Tax credit
Best interests of creditors test
credit
Backup Line of Credit
Credit history


 
All rights Reserved. Do not copy without permission.