purchase of merchandise on credit

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• purchase — {{Roman}}I.{{/Roman}} noun 1 buying sth ADJECTIVE ▪ cash ▪ credit ▪ online ▪ Make sure all online purchases are made through a secure server. ▪ bulk …   Collocations dictionary

• Credit — 1. A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future, generally with interest. The term also refers to the borrowing capacity of an individual or company. 2. An… …   Investment dictionary

• credit slip — A document generally given by stores and suppliers when a person returns merchandise and which permits the customer to purchase another item, or receive the equivalent in cash or open credit for future purchases, in return for the credit extended …   Black's law dictionary

• credit slip — A document generally given by stores and suppliers when a person returns merchandise and which permits the customer to purchase another item, or receive the equivalent in cash or open credit for future purchases, in return for the credit extended …   Black's law dictionary

• letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable …   Black's law dictionary

• letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable …   Black's law dictionary

• Federation credit — The Federation Credit is the basic monetary unit of the United Federation of Planets in the fictional Star Trek series.It has been said in episodes like the episode The Neutral Zone and movies like that the economy of the Federation is quite… …   Wikipedia