debit memo


debit memo
debit memo UK US noun [C] (UK also debit note)
BANKING, COMMERCE a document sent to a customer when money is owed from their account, for example, because of a mistake on an invoice: »

A debit or credit memo is received from the bank each time an adjustment is made to the State’s bank accounts.

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Many larger companies adopt the procedure of raising a debit note for any errors on invoices.


Financial and business terms. 2012.

Look at other dictionaries:

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