in-store credit

noun
UK /ɪn stɔː ˈkrɛdɪt/
US /ɪn stɔːr ˈkrɛdɪt/

Money a store gives you back to spend there later.

She returned the broken toy and got in-store credit to buy a new one.


OTHER MEANINGS

2. A credit note issued by a shop that can only be used at that shop.

The manager gave him in-store credit instead of cash.

3. A balance kept on a customer's account at a store for future purchases.

His in-store credit covered the cost of the new shoes.

4. Permission to buy now and pay the store later.

They offered in-store credit so she could pay over three months.