Invoice
See also Voucher: an invoice is within the European union primarily legally defined by the EU VAT directive as an accounting voucher (to verify tax and VAT reporting) and secondly as a Civil law (common law) document.An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller had provided the buyer.
Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days in which to pay and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice. To avoid confusion, and consequent unnecessary communications from buyer to seller, some sellers clearly state in large and/or capital letters on an invoice whether it has already been paid.
In the rental industry, an invoice must include a specific reference to the duration of the time being billed. So in addition to quantity, price, and discount, the invoice amount is also based on duration. Generally, each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing.
Invoice (noun)
A bill; a commercial document issued by a seller to a buyer indicating the products, quantities and agreed prices for products or services that the seller has already provided the buyer with. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms.
Invoice (noun)
The lot or set of goods as shipped or received.
“The merchant receives a large invoice of goods.”
Invoice (noun)
(generally of a vehicle) The price which a seller or dealer pays the manufacturer for goods to be sold.
Invoice (verb)
To bill; to issue an invoice to.
“I will invoice my supplier tomorrow.”
Invoice (verb)
To make an invoice for (goods or services).
Claim (noun)
A demand of ownership made for something.
“a claim of ownership”
“a claim of victory”
Claim (noun)
The thing claimed.
Claim (noun)
The right or ground of demanding.
“You don’t have any claim on my time, since I’m no longer your employee.”
Claim (noun)
A new statement of something one believes to be the truth, usually when the statement has yet to be verified or without valid evidence provided.
“The company’s share price dropped amid claims of accounting fraud.”
Claim (noun)
A demand of ownership for previously unowned land.
“Miners had to stake their claims during the gold rush.”
Claim (noun)
A legal demand for compensation or damages.
Claim (verb)
To demand ownership of.
Claim (verb)
To state a new fact, typically without providing evidence to prove it is true.
Claim (verb)
To demand ownership or right to use for land.
Claim (verb)
To be entitled to anything; to deduce a right or title; to have a claim.
Claim (verb)
To proclaim.
Claim (verb)
To call or name.
Claim (verb)
state or assert that something is the case, typically without providing evidence or proof
“‘I’m entitled to be conceited,’ he claimed”
“not every employee is eligible to claim unfair dismissal”
“the Prime Minister claimed that he was concerned about Third World debt”
Claim (verb)
assert that one has gained or achieved (something)
“his supporters claimed victory in the presidential elections”
Claim (verb)
formally request or demand; say that one owns or has earned (something)
“if no one claims the items, they will become Crown property”
Claim (verb)
make a demand for (money) under the terms of an insurance policy
“the premiums are reduced by fifty per cent if you don’t claim on the policy”
Claim (verb)
call for (someone’s notice and thought)
“a most unwelcome event claimed his attention”
Claim (verb)
cause the loss of (someone’s life)
“the attacks claimed the lives of five people”
Claim (noun)
an assertion that something is true
“he was dogged by the claim that he had CIA links”
Claim (noun)
a statement of the novel features in a patent
“the two patents based on his claims will be reconfirmed”
Claim (noun)
a demand or request for something considered one’s due
“the court had denied their claims to asylum”
Claim (noun)
an application for compensation under the terms of an insurance policy
“he should make a claim on his house insurance for storm damage”
Claim (noun)
a right or title to something
“they have first claim on the assets of the trust”
Claim (noun)
a piece of land allotted to or taken by someone in order to be mined
“each of them was to be rewarded with a farm and a number of mining claims in the land”