Debit Note

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Dictionary Says

Definition of 'Debit Note'

A document used by a purchaser to inform a vendor of the quantity and dollar amount of goods being returned, and requesting that the dollar amount be returned to the purchaser. A debit note is often used to return goods on credit. The vendor then issues a credit note to the purchaser indicating that the goods have been received, and that the purchaser will not have to pay for them.

Also known as a "debit memo".
Investopedia Says

Investopedia explains 'Debit Note'

Debit notes are generally used in business-to-business transactions. Such transactions often involve an extension of credit, meaning that a vendor would send a shipment of goods to a company before the goods have been paid for. Although real goods are changing hands, until an actual invoice is issued, real money is not. Rather, debits and credits are being logged in an accounting system to keep track of inventories shipped and payments owed.

Search results for

'Debit Note'

  • Jack In The Box Ends Its Year On A High Note

    http://stocks.investopedia.com/stock-analysis/2011/Jack-In-The-Box-Ends-Its-Year-On-A-High-Note-JACK-MCD-WEN-CMG-SONC1124.aspx
    ... Jack In The Box Ends Its Year On A High Note. ... on a high note, as trends at existing
    stores came in ahead of management's expectations during the fourth quarter. ...

  • Debit Spreads: A Portfolio Loss Protection Plan

    http://www.investopedia.com/articles/optioninvestor/09/equity-option-debit-spreads-protect-loss.asp
    ... Gamma Risk and Reward to learn more.) One last important note: many traders ... only
    make the amount of the difference between your strike prices minus the debit. ...

  • Understanding Forex Rollover Credits And Debits

    http://www.investopedia.com/articles/forex/08/forex-rollover-credit-debit.asp
    ... It is also important to note that rollover is not a charge for using leverage. ... The
    debit or credit is based on the difference between the interest rates of the ...

  • Promissory Notes: Not Your Average IOU

    http://www.investopedia.com/articles/bonds/07/promissory_note.asp
    ... This risk translates into larger returns - provided that the issuer doesn't default
    on the note. ... Read More ยป; How To Find The Right Prepaid Debit Card. ...

  • 5 Keys To Unlocking A Better Credit Score Slideshow | Investopedia

    http://www.investopedia.com/slide-show/better_credit_score
    ... It is important to note that credit reports don't typically factor debit card
    payments into the credit score equation. But by disciplining ...

  • 5 Keys To Unlocking A Better Credit Score

    http://www.investopedia.com/articles/pf/07/credit-rebuilding.asp
    ... have. It is important to note that credit reports don't typically factor
    debit card payments into the credit score equation. But ...

  • 5 Keys To Unlocking A Better Credit Score Slideshow | Investopedia

    http://www.investopedia.com/slide-show/better_credit_score/store_cards.aspx
    ... It is important to note that credit reports don't typically factor debit card
    payments into the credit score equation. But by disciplining ...

  • 5 Keys To Unlocking A Better Credit Score Slideshow | Investopedia

    http://www.investopedia.com/slide-show/better_credit_score/plan.aspx
    ... It is important to note that credit reports don't typically factor debit card
    payments into the credit score equation. But by disciplining ...

  • 5 Keys To Unlocking A Better Credit Score Slideshow | Investopedia

    http://www.investopedia.com/slide-show/better_credit_score/debit_card.aspx
    ... It is important to note that credit reports don't typically factor debit card
    payments into the credit score equation. But by disciplining ...

  • 5 Keys To Unlocking A Better Credit Score Slideshow | Investopedia

    http://www.investopedia.com/slide-show/better_credit_score/comments.aspx
    ... It is important to note that credit reports don't typically factor debit card
    payments into the credit score equation. But by disciplining ...

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