Invoice

Posted in Finance, Accounting and Economics Terms, Total Reads: 921
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Definition: Invoice

An invoice is a non-negotiable financial instrument issued by a seller to the buyer giving an account of the goods sold or services provided, quantifying the items with their prices & discounts. It can also include the date of shipment and mode of transport along with payment and delivery terms.

In another situation of asset based lending, invoice refers to accounts receivables.


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