on memo
 adv. phr.— «Those shipments are made to creditworthy customers who then manufacture moissanite jewelry and in turn ship that jewelry to creditworthy rails retailers—again on memo.…This is a form of consignment selling, and we do not recognize or report those shipments as revenue unless and until the retailer and our direct manufacturer report to us that those goods have been sold or other conditions of a specific memo agreement have been met.» —“Q3 2006 Charles & Colvard Earnings Conference Call—Final” Voxant Fair Disclosure Wire Oct. 17, 2006. (source: Double-Tongued Dictionary)

Tagged with →  

This site uses Akismet to reduce spam. Learn how your comment data is processed.