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on memo

on memo
 adv. phr.— «The purchase from the salesman is an exception in a business where buying goods on “memo” is the norm. Instead of taking merchandise on consignment, or memo, Friedman and his buyers bargain down the price, buy it outright and then pass some of the savings back to customers.» —“Borsheim’s Move to Regency ‘Beyond Hopes’” by Steve Jordon, Bill Batson Omaha World-Herald (Nebraska) June 5, 1988. (source: Double-Tongued Dictionary)

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