note

Definition:

1. Supplementary information about an item in a financial statement. 2.  A banknote. 3. A promissory note. 4. A security issued when a marketable loan is raised and evidencing an entitlement to payment of interest and repayment of principal, the amount of principal being the nominal value of the security. The term ‘note’ is used mainly where principal is repayable in less than five years: otherwise such a security is called a ‘bond’. 5. To write on a bill of exchange, or on a slip of paper attached to a bill, a memorandum that it has been presented, for acceptance or payment, by a notary public and has been dishonoured. The memorandum is called a ‘noting’ and is written by the notary.



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