Business terms and jargon explained. Your business dictionary

What is Credit Note

This is where there has been an issue of an invoice that has been overstated. This can happen when goods have been returned or where there was non delivery of goods or services in part or full. This means that the company with the credit note can either reduce it accounts by that amount or can ask fo a payment to made if they have already paid.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

OTC Market risk QROPS EX550 Civil Court form
Productivity Tort Preamble Executrix-nominate
Warrant of detention CCCL JIT Fixed Rate loan
Credit limit Tax Form - P9 Account monitoring order Community Acquis
SME Fixed Assets Charging Order Job-ready
Riel Hardball Ringgit Domicile of dependency
Madrid Protocol Fixer subscription privilege Unitholder
Adjusted earnings Deductible VAT Asset Turnover Asset Allocation
Accountability Export Market share Euromarkets
EEMEA Txid Prudent Barrister

Term created / updated 2006-05-10 23:34:43

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.