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Invoiced Meaning: Definition, Examples, and Translations

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invoiced

[หˆษชnหŒvoสŠst ]

Definition

Context #1 | Verb

billing process

Invoiced refers to the past tense of invoice, which means to provide a detailed statement of the amount owed for goods or services provided. In business transactions, invoicing is a crucial step for establishing payment terms between buyers and sellers. An invoice typically includes information such as the products or services rendered, the total amount due, due date, and payment methods. The term is primarily used in financial contexts where formal documentation is essential for accounting records and audits.

Synonyms

billed, charged, reckoned.

Examples of usage

  • The company invoiced their clients at the end of the month.
  • I was invoiced for the consulting services rendered last week.
  • He has invoiced the customer for the completed project.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Business Practices

  • Invoicing helps businesses keep track of sales and manage cash flow efficiently.
  • Different countries use various invoice formats, but they all typically include details like date, items sold, and the amount due.

Legal Aspects

  • An invoice serves as a legal document in case of disputes over payments, providing proof of transaction.
  • Some jurisdictions have strict rules about what must be included in an invoice to be considered valid, like tax identification numbers.

Technology

  • With the rise of digital transactions, electronic invoicing has become popular, allowing for faster processing and payment.
  • Many businesses now use invoicing software, which automates sending and tracking invoices, reducing manual errors.

Cultural Perspectives

  • In some cultures, informal agreements may not require invoices, relying instead on trust and verbal confirmations.
  • The practice of invoicing varies significantly around the world, reflecting different views on work, payment, and commerce.

Origin of 'invoiced'

Main points about word origin

  • The term comes from the Latin 'invocare,' meaning to call upon, which hints at the act of calling for payment.
  • Its earliest usage in English dates back to the late 15th century, starting as a term for written documents where debts were listed.

The term 'invoice' originated from the Middle French word 'envois', meaning 'sending' or 'dispatch'. This evolved from the Latin term 'inviare', which combines 'in-' meaning 'to' and 'via' meaning 'way'. Historically, invoices were essential documents in trade, used to convey the details of transactions when one party delivered goods or services to another. The shift from the historical meaning to its contemporary usage as a formal request for payment occurred as commercial practices formalized in the late Middle Ages. By the 17th century, the use of invoices became widespread in European trade, and the need for written evidence of transactions became paramount, leading to standardized formats and practices we recognize today.

Word Frequency Rank

At rank #25,410, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.