credit order
Học thuậtThân thiện
Definition
- Noun:
- An order that is received without payment; requires billing at a later date: A commercial transaction where goods or services are supplied immediately, but the payment is deferred to a future date, typically after an invoice is sent.
Usage
- Noun:
- The company processed the credit order and shipped the parts immediately, sending an invoice for payment within 30 days.
- For new customers, we require prepayment, but established clients can place a credit order.
Advanced Usage
- "to place a credit order": to request goods or services with the agreement to pay later.
- The purchasing department was authorized to place a credit order for the new office furniture.
Variants and Related Words
- Credit sale (n): A sale made on credit terms.
- The transaction was recorded as a credit sale in the ledger.
Synonyms
- Deferred payment order: An order where payment is postponed.
- Billable order: An order that will be invoiced.
Related Phrases
- On credit: Describes the method of purchasing.
- We bought the equipment on credit.
Noun
- an order that is received without payment; requires billing at a later date