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   

Appreciation Cyberspace Adware BILL OF SALE
Probate Share Premium Term Draft Cuba Clause
Nominated court Primary legislation Overgeared Foreclosure
POS Deemed domicile Pay Back Period Market Research
Pre-emption Indirect Costs Net Realizable Value Petty Cash
Back Door Uno flatu Up Current Hire purchase
Law Society Consumer Complaints Service Warrant of commitment Tax code APK
Cybersquatter Pro Rata Direct Debit Secured creditor
Testate Accounts receivable N162 Civil Court form Joint Application
Peel the onion Asset Allocation Grant of probate De jure

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.