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Negative invoicing
Negative invoicingUsing an invoice for a negative amount to cover a theft of a customer payment. The negative invoice is less noticeable than a credit memorandum and usually under less stringent control. A negative invoice is a symptom of possible theft. RELATED TERMS-------------------------------------- Invoice Commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited Negative This word has several significations: 1) It is used in contradistinction to giving assent; thus we say the president has put his negative upon such a bill. 2. It is also used in contradistinction to affirmative; as, a negative does not always admit of the simple and direct proof of which an affirmative is capable. When a party affirms a negative in his pleadings, and without the establishment of which, by evidence, he cannot recover or defend himself, the burden of the proof lies upon him, and he must prove the negative. Theft Crimes. This word is sometimes used as synonymous with larceny, . but it is not so technical. Payment 1) Contracts. That which is given to execute what has been promised; or it is the fulfilment of a promise. Solvere dicimus cum quis fecit, quod facere promisit. But though this is the general acceptation of the word, yet by payment is understood, every way by which the creditor is satisfied or ought to be, and the debtor, liberated for example, an accord and satisfaction will operate as a payment. 2) Pleadings. The name of a plea by which the defendant alleges that he has paid the debt claimed in the declaration; this plea must conclude to the country. Credit Common law, contracts. The ability to borrow, on the opinion conceived by the lender that he will be repaid. This definition includes the effect and the immediate cause of credit. The debt due in consequence of such a contract is also called a credit; as, administrator of an the goods, chattels, effects and credits. Memorandum 1) Literally, to be remembered. It is an informal instrument recording some fact or agreement, so called from its beginning, when it was made in Latin. It is sometimes commenced with this word, though written in English; as "Memorandum, that it is agreed," or it is headed with the words, "Be it remembered that,". The term memorandum is also applied to the clause of an instrument. 2) Insurance. A clause in a policy limiting the liability of the insurer. Its usual form is as follows, namely,fish, salt, fruit, flour and seed, are warranted free from average, unless general, or the ship be stranded: sugar, tobacco, hemp, flax, hides and skins, are warranted free from average, under five percent; and all other goods, also the ship and freight, are warranted free from average, under three percent unless general, or the ship be stranded." SIMILAR TERMS-------------------------------------- Negation Denial. Two negations are construed to mean one affirmation. Negative This word has several significations: 1) It is used in contradistinction to giving assent; thus we say the president has put his negative upon such a bill. 2. It is also used in contradistinction to affirmative; as, a negative does not always admit of the simple and direct proof of which an affirmative is capable. When a party affirms a negative in his pleadings, and without the establishment of which, by evidence, he cannot recover or defend himself, the burden of the proof lies upon him, and he must prove the negative. Negative averment Pleading, evidence. An averment in some of the pleadings in a case in which a negative is asserted. Negative condition Contracts, wills. One where the thing which is the subject of it must not happen; as, if I do not marry. Negative pregnant Pleading. Such form of negative expression, in pleading, as may imply or carry within it an affirmative. Negative statute One which is enacted in negative terms, and which so controls the common law, that it has no force in opposition to the statute. PREVIOUS AND NEXT TERMS-------------------------------------- Necessity In general, whatever makes the contrary of a thing impossible, whatever may be the cause of such impossibilities, Negation Denial. Two negations are construed to mean one affirmation. Negative This word has several significations: 1) It is used in contradistinction to giving assent; thus we say the president has put his negative upon such a bill. 2. It is also used in contradistinction to affirmative; as, a negative does not always admit of the simple and direct proof of which an affirmative is capable. When a party affirms a negative in his pleadings, and without the establishment of which, by evidence, he cannot recover or defend himself, the burden of the proof lies upon him, and he must prove the negative. Negative averment Pleading, evidence. An averment in some of the pleadings in a case in which a negative is asserted. Negative condition Contracts, wills. One where the thing which is the subject of it must not happen; as, if I do not marry. Negative invoicing Negative pregnant Pleading. Such form of negative expression, in pleading, as may imply or carry within it an affirmative. Negative statute One which is enacted in negative terms, and which so controls the common law, that it has no force in opposition to the statute. Negligence Contracts, torts. When considered in relation, to contracts, negligence may be divided into various degrees, namely, ordinary, less than ordinary, more than ordinary. Negligent escape The omission to take such a care of a prisoner as a gaoler is bound to take, and in consequence of it, the prisoner departs from his confinement, without the knowledge or consent of the gaoler, and eludes pursuit. Negotiable That which is capable of being transferred by assignment; a thing, the title to which may be transferred by a sale and indorsement or delivery. We thank you for using the Juridical Dictionary to search for Negative invoicing. If you have a better definition for Negative invoicing than the one presented here, please let us know by making use of the suggest a term option. This definition of Negative invoicing may be disputed by other professionals. Our attempt is to provide easy definitions on Negative invoicing and any other medical topic for the public at large.
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