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English definition of “sales returns”

sales returns

noun [plural]
 
 
COMMERCE, ACCOUNTING
products that customers have bought and then returned to the company, store, etc. that they bought them from, and the value of these products: The company said it was boosting its reserve for sales returns by $3.1 million in the quarter.
a comparison of a company's sales and its profits during a particular period: better/improved sales returns Improved sales returns had material impacts on our results. →  See also return on sales
(Definition of sales returns from the Cambridge Business English Dictionary © Cambridge University Press)
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