1 Sentences With "credit memorandum"

How to use credit memorandum in a sentence? Find typical usage patterns (collocations)/phrases/context for "credit memorandum" and check conjugation/comparative form for "credit memorandum". Mastering all the usages of "credit memorandum" from sentence examples published by news publications.

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A credit note or credit memo is a commercial document issued by a seller to a buyer. Credit notes act as a source document for the sales return journal. In other words the credit note is evidence of the reduction in sales. A credit memo, a contraction of the term "credit memorandum", is evidence of a reduction in the amount that a buyer owes a seller under the terms of an earlier invoice.