What is the definition of Purchase returns and allowances? | Dictionary.net

PURCHASE RETURNS AND ALLOWANCES

\pˈɜːt͡ʃɪs ɹɪtˈɜːnz and ɐlˈa͡ʊənsɪz], \pˈɜːt‍ʃɪs ɹɪtˈɜːnz and ɐlˈa‍ʊənsɪz], \p_ˈɜː_tʃ_ɪ_s ɹ_ɪ_t_ˈɜː_n_z a_n_d ɐ_l_ˈaʊ_ə_n_s_ɪ_z]\

Definitions of PURCHASE RETURNS AND ALLOWANCES

1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

This is a document that is used to record all stock that has been returned by a customer. The customer has the returned the stock item and been given a refund or credit note for the amount of the purchased product.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

Platidiam

An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.

View More

Nearby Words