Invoice

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Invoice

An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped.

A consular invoice is one used in foreign trade. It is signed by the consul of the nation to which the merchandise is shipped. Such an invoice facilitates the entry through the destination country, since the quality and value of the shipment are verified prior to its arrival.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

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. Marsh. Ins. 408; Dane's Ab. Index, h. t. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited, &c. 1 Pardess. Dr. Com. n. 248. Vide Bill of Lading; and 2 Wash. C. C. R. 113; Id. 155.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Starting at $25,000, EX-TRA's export order processing features include: pro forma and commercial invoice capabilities, automatic calculation of price extensions, automatic store and recall translations in foreign languages and various modes for altering standard information on-screen without affecting the master document.
The L/C is the issuing bank's irrevocable promise to pay the seller/beneficiary upon the seller's presentation of documents, such as a draft, commercial invoices, transport and insurance documents and all other documents specified by the L/C.
The system creates the necessary electronic documents, such as purchase orders, ocean and air bills of lading, and commercial invoices.
Each year, the agency disburses more than $416.1 billion by processing payments to 5.9 million military members, civilian employees, military retirees, and annuitants; 12.3 million commercial invoices; and 6.8 million travel vouchers and settlements.
Clements says that the commercial invoices found in letters of credit transactions are one such example.
Clements points out five specific items to remember when it comes to commercial invoices.
* The amount of the commercial invoice does not exceed the credit amount or available balance of the credit.
* The commercial invoice does not contain changes or other merchandise not specified in the credit.
Sourcing Purchase Orders Commercial Invoices Payment & Delivery Terms Accounting Data Supporting Documents
For UAE customers organising shipments to third party receivers, the Commercial Invoice Removal option means the value of the goods can be kept confidential.

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