credit note


A note or memo sent from a business to a customer, informing the customer that money has been added to the customer's account. Credit notes are typically used when products are returned for a refund, when an invoice amount has been overstated, or in other circumstances where the business must return money to the customer.

Use credit note in a sentence

You may want to bring on a credit note so that you can let the other party know that you still remember they owe you.

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Once your return package has been processed, you will receive a credit note with the expected date and amount of your refund.

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We sent the customer a generous credit note, as he had been a volume buyer from us for many years and we felt he deserved high quality service.

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