Definitions. . 1  a musical direction to remove or play without the mute or (on the piano) with the sustaining pedal pressed down.efinitions. . 1  a musical direction to remove or play without the mute or (on the piano) with the sustaining pedal pressed down.
If you return goods to a supplier or if a customer returns goods to you for a full or partial credit, a credit note must be issued so that you or your customer can process this and adjust your accounts accordingly. A credit note is the recording in your accounts of the funds returned to the customer for a paid invoice.
Letter of credit. A letter of credit is a document issued by a financial institution, or a similar party, assuring payment to a seller of goods and/or services provided certain documents have been presented to the bank.