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Term of the Day
BusinessDictionary.com
return merchandise authorization (RMA)
Definition
Numbered
authorization
provided by a (usually distant)
seller
to
permit
the
buyer
to
return
an item for
refund
. The buyer is instructed to mark this number on the
package
and on the refund-request
form
or
letter
.
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Nearby Terms
retrofitting
retrospective premium
retrospective rate derivation
retrospective rating
return
return commission
return merchandise authorization (RMA)
return of capital
return of cash value
return of premium
return on advertising spend (ROAS)
return on assets managed (ROAM)
return on assets (ROA)
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