credit note
A document showing that an amount is owed to a customer. Credit notes are issued to refund or reimburse customers for matters such as the following: (i) *discounts, (ii) *price adjustments, (iii) goods returned, and (iv) the correction of invoicing errors.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • credit note — noun 1. A document issued by a retailer, esp a shop or store, to a customer who has returned goods, which can be used to obtain other goods to the same value 2. An amendment to an invoice (accounting) • • • Main Entry: ↑credit * * * credit note… …   Useful english dictionary

  • credit note — credit notes N COUNT A credit note is a piece of paper that a shop gives you when you return goods that you have bought from it. It states that you are entitled to take goods of the same value without paying for them. [BRIT] (in AM, use credit… …   English dictionary

  • credit note — index letter of credit Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • credit note — n BrE a document given to a customer who is owed money, for example because they have returned goods …   Dictionary of contemporary English

  • Credit note — Finance Financial markets Bond market …   Wikipedia

  • credit note — A document that a supplier issues to a customer, following a genuine mistake or overcharge, or an agreed change in the value of supply. HM Customs & Revenue Glossary * * * credit note credit note ➔ note1 * * * credit note UK US noun [C] UK (US… …   Financial and business terms

  • credit note — UK / US noun [countable] Word forms credit note : singular credit note plural credit notes a document that a shop gives you when you return goods allowing you to buy other goods of the same value from the shop …   English dictionary

  • credit note — / kredɪt nəυt/ noun a note showing that money is owed to a customer ● The company sent the wrong order and so had to issue a credit note. Abbr C/N …   Marketing dictionary in english

  • credit note — / kredɪt nəυt/ noun a note showing that money is owed to a customer ● The company sent the wrong order and so had to issue a credit note. Abbreviation C/N …   Dictionary of banking and finance

  • credit note — A document expressing the indebtedness of the organization issuing it, usually to a customer. When goods are supplied to a customer an invoice is issued; if the customer returns all or part of the goods the invoice is wholly or partially… …   Accounting dictionary

  • credit note — A document expressing the indebtedness of the organization issuing it, usually to a customer. When goods are supplied to a customer an invoice is issued; if the customer returns all or part of the goods the invoice is wholly or partially… …   Big dictionary of business and management

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