Credit Order (Noun)
Meaning
An order that is received without payment; requires billing at a later date.
Classification
Nouns denoting communicative processes and contents.
Examples
- The company received a credit order from one of its long-standing customers and immediately began processing the merchandise for shipment.
- In accordance with store policy, the sales associate verified the customer's credit before accepting a credit order over the phone.
- The credit order form required a signature and date before it could be processed.
- To place a credit order, customers were instructed to fax or mail the completed form to the company's billing department.
- After verifying the customer's credit information, the sales representative was able to accept the credit order and guarantee shipment within 48 hours.