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Lesson 19 vocabulary (including EXTRA vocab) - (Barron's) - invoices - FLASHCARDS ...

AB
chargev. to demand payment // n. an expense or a cost
compilev. to gather together from several sources
customern. one who purchases a commodity or service
discountn. a reduction in price // v. to reduce the price
efficientadj. acting or producing effectively with a minimum of waste or unnecessary effort
estimatev. to approximate the amount or value of something; to form an opinion about something // n. an approximation
imposev. to establish or apply as compulsory; to force upon others
mistaken. an error or a fault
ordern. a request made to purchase something // v. to command or direct
promptlyadv. on time, punctually
rectifyv. to set (put) right; to correct
termsn. conditions
billn. an itemized list or statement of fees or charges (I have too many bills to pay (the electricity bill, the gas bill, the phone bill, the TV bill... // Did we get a bill from the carrier? Yes, the invoice came in this morning.) // v. to demand payment; to send an invoice (Have you billed the customer for the merchandise? They billed us for some items that we haven't received.)
overdueadj. past due; not paid at the scheduled time (We have to pay this invoice; it's 90 days overdue. It should have been paid 90 days ago.)
dueadj. immediately payable (Invoices are normally due within 30 days.
feen. a fixed charge for a privilege or for professional services (I have been charged a fee of $25 for late payment, however, I mailed the check 3 weeks before you put it into the bank. // What are your shipping fees?)
owev. be obliged to pay or repay (You owe us $250. When can you pay?)
taxn. a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc. (The sales tax is 7%. // We have to pay taxes on our income. We also pay property taxes, sales taxes and car taxes.)
statementn. list of invoices (usually sent each month); an account containing a summary of bills or invoices and displaying the total amount due (Each month, we receive a statement listing all of the outstanding invoices. It shows the total owed in 4 categories - current, 30-day, 60-day, 90-day, past due.)
outstandingadj. owed as a debt; unpaid (There is an amount of $650 that is outstanding. // You have an outstanding balance of $35.) // adj. great, excellent, impressive (Your performance was outstanding; it's was amazing. // Outstanding! Amazing! That's how I would describe the film.)



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