Master Promissory Note: The legal, binding document that must be signed by the student borrower prior to loan funds being disbursed to Greenville Tech. The promissory note states the terms and conditions of the loan, including repayment schedule, interest rate, deferment policies, and cancellation provisions.

 

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Master Promissory Note: The legal, binding document that must be signed by the student borrower prior to loan funds being disbursed to Greenville Tech. The promissory note states the terms and conditions of the loa . . . View Full Definition

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.

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.

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.

Postmaster: The person who manages mail servers at an organization. Usually the one to contact at a particular server/site to get help, information, or to log complaints.

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.

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

Note Agreement: A contract for privately placed debt.

Municipal Notes: Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.