Note Receivable: A claim against a debtor, evidenced by an unconditional written promise to pay a certain sum of money on or before a specified future date.

 

Related Words

Note Receivable: A claim against a debtor, evidenced by an unconditional written promise to pay a certain sum of money on or before a specified future date.

Notes To Financial Statements: Explanatory information considered an integral part of the financial statements.

Notebook Computer: A very small computer, approximately the size of a notebook used for writing. The term is often used interchangeably with 'laptop', but is technically the much smaller version.

Notes To The Financial Statements: A detailed set of notes immediately following the financial statements in an annual report that explain and expand on the information in the financial statements.

Number Of Days Sales In Receivables: A measure of the average number of days it takes to collect a credit sale: computed by dividing 365 days by the accounts receivable turnover.

Project Notes (PN): Notes issued by municipalities to finance federally sponsored programs in urban renewal and housing and guaranteed by the U.S. Department of Housing and Urban Development.

Principal On A Note: The face amount of a note: the amount (excluding interest) that the maker agrees to pay the payee.

Note Payable: A debt owed to a creditor, evidenced by an unconditional written promise to pay a certain sum of money on or before a specified future date.

Note Issuance Facility (NIF): An agreement by which a syndicate of banks indicates a willingness to accept short-term notes from borrowers and resell these notes in the Eurocurrency markets.

Net Realizable Value Of Accounts Receivable: The net amount that would be received if all receivables considered collectible were collected: equal to total accounts receivable less the allowance for uncollectible accounts: also called . . . View Full Definition