Credit Slip definition

Credit Slip means a sales credit receipt or other documentation, whether in hard copy or electronic form, evidencing a return or exchange of Goods or a credit on an Account as an adjustment by Company for goodwill or for Services rendered or not rendered by Company to a Cardholder.

Credit Slip means evidence of a credit in a paper or electronic form for Goods purchased from Merchant.

Credit Slip means a paper evidencing a refund or price adjustment issued to the Cardholder by a Merchant and to be credited to the Card Account.

Examples of Credit Slip in a sentence

• The amount of the Credit Slip cannot exceed the amount of the original transaction as reflected on the Sales Slip.

• The Bank will credit the Card Account with the amount of any refund only on receipt of a properly issued Credit Slip duly imprinted and signed by the Merchant making the refund or price adjustment (as the case may be).

• Upon receipt of Transaction Records reflecting a credit to which there has been a corresponding debit, Bank will net against amounts payable by Bank to Company the total shown on the Credit Slip, and credit the Cardholder's Account in the amount of such Credit Slip.

• A copy charge at the rate as stipulated in the Confirmation Letter and/or in the List of Service Charges (as the case may be) shall be imposed and debited to the Card Account for each copy of a Card Account record, Monthly Card Statement, Sales Slip, Credit Slip, direct debit authorisation form or otherwise requested by the Cardholder.

• If Goods are returned, any Card Sale or services are terminated or canceled, or Merchant allows any price adjustment, then Merchant shall not make any cash refund, but shall complete and deliver promptly to Household a Credit Slip evidencing the refund or adjustment and deliver to the Cardholder a true and complete copy of the Credit Slip at the time the refund or adjustment is made.

More Definitions of Credit Slip

Credit Slip. Any evidence of an adjustment or credit on an Account relating to a return or exchange of Merchandise or cancellation of Services purchased with a Credit Card.

Credit Slip means a document evidencing the credit or yield transaction.

Credit Slip means a cash-out ticket for winnings earned on a gaming machine that provides for credit play;

Credit Slip means a sales credit receipt or other documentation, whether in hard copy or electronic form, evidencing a return or exchange of Goods or a credit on an Account as an adjustment by VS for goodwill or for Services rendered or not rendered by VS to a Cardholder.

Credit Slip means a document in form and substance prescribed by the Bank to evidence the refund of a transaction.

Credit Slip means evidence of a Credit in paper form.

Credit Slip means a sales credit receipt evidencing a return or exchange of Goods or an adjustment for Services rendered or not rendered by a Retailer to a Cardholder for credit on an Account. "DAILY RETENTION AMOUNT" shall have the meaning given to such term in Section 5.01 hereof.