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.
A letter of credit is a formal document, which a bank issues on behalf of the buyer to the seller. The document states that the bank will honour the drafts drawn on the buyer, for the goods supplied to him, provided the conditions written on the document are satisfied by the supplier (seller).