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A credit note or credit memo is a commercial document, utilized in business transactions to indicate a reduction in the amount owed by a customer or owed to a supplier. If the customer returns goods to the seller, the invoice previously issued is cancelled, in part or as a whole, with a credit note.
In 1993, a polymer Rp50,000 rupiah (approximately US$22) note, the first in Indonesia, was issued to celebrate "25 Years of Development" under the New Order. It had a hologram of then-President Suharto and the phrase "Penerbitan Khusus" (Special Issue). Only five million notes are printed and each were packed in a presentation pack explaining ...
The Indonesian one hundred thousand rupiah banknote (Rp100,000) is a denomination of the Indonesian rupiah. Being the highest and second-newest denomination of the rupiah (after the Rp2,000 note), it was first introduced on November 1, 1999, as a polymer banknote [1] [2] before switching to cotton paper in 2004; [3] all notes have been printed using the latter ever since.
C. Capital note; Cash flow loan; Challenges in Islamic finance; Charge-off; Circular letter of credit; Closed-end credit; Collateral (finance) Collateral management
Standby letter of credit (SBLC): Operates like a commercial letter of credit, except that typically it is retained as a standby instead of being the intended payment mechanism. In other words, this is an LC which is intended to provide a source of payment in the event of non-performance of contract.
In 2011, Indonesia released 55,010 working visas for foreigners, an increase of 10% compared to 2010, while the number of foreign residents in Indonesia, excluding tourists and foreign emissaries was 111,752, rose by 6% compared to last year.
The first Rp2,000 note was gray and featured the portrait of Prince Antasari on its obverse and a depiction of a Dayak traditional dance on its reverse. Its security features include a watermark of Prince Antasari himself, a security thread with the repeating words "BI2000" that shines red under black light, microtext, a see-through image of Bank Indonesia's logo, relief printing, and a ...
Code of Hammurabi Law 100 (c. 1755–1750 BC) stipulated repayment of a loan by a debtor to a creditor on a schedule with a maturity date specified in written contractual terms. [3] [4] [5] Law 122 stipulated that a depositor of gold, silver, or other chattel/movable property for safekeeping must present all articles and a signed contract of bailment to a notary before depositing the articles ...