Credit-memorandum



noun
1.
a memorandum issued to an account allowing a credit or reducing a debit, especially one posted to a customer’s account.

Tagged:

Read Also:

  • Credit-mobilier

    [kred-it moh-beel-yer, moh-beel-yey; French krey-dee maw-bee-lyey] /ˈkrɛd ɪt moʊˈbil yər, moʊ bilˈyeɪ; French kreɪ di mɔ biˈlyeɪ/ noun, U.S. History. 1. a joint-stock company organized in 1863 and reorganized in 1867 to build the Union Pacific Railroad. It was involved in a scandal in 1872 in which high government officials were accused of accepting bribes.

  • Creditor

    [kred-i-ter] /ˈkrɛd ɪ tər/ noun 1. a person or firm to whom money is due (opposed to ). 2. a person or firm that gives in business transactions. 3. Bookkeeping. (def 12b, c). /ˈkrɛdɪtə/ noun 1. a person or commercial enterprise to whom money is owed Compare debtor n. mid-15c., from Anglo-French creditour, Old French […]



  • Credit-rating

    noun 1. a classification of credit risk based on investigation of a customer’s or potential customer’s financial resources, prior payment pattern, and personal history or degree of personal responsibility for debts incurred. noun 1. an evaluation of the creditworthiness of an individual or business enterprise An evaluation of the financial trustworthiness of an individual, firm, […]

  • Credit-risk

    noun 1. the possibility of loss if a borrower defaults on a loan. 2. a borrower regarded as likely to default on a loan.



Disclaimer: Credit-memorandum definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.