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Meaning of “credit note” in the English Dictionary

"credit note" in British English

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credit notenoun [C]

uk   /ˈkred.ɪt ˌnəʊt/ us   /ˈkred.ɪt ˌnoʊt/ UK US store credit
a piece of paper given by a shop when you return something you do not want, that allows you to buy other goods of the same value
(Definition of credit note from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"credit note" in Business English

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credit notenoun [C]

uk   us   UK US credit memo, also US credit receipt
COMMERCE a document that a seller gives to a buyer who returns a product, pays too much for something, etc., which the buyer may use at a later time to pay for something else: Most shops will allow you to make an exchange or offer you a credit note instead of a refund. Incorrect invoices may need to be adjusted by means of a credit note issued by the supplier.
(Definition of credit note from the Cambridge Business English Dictionary © Cambridge University Press)
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