note receivable


Also found in: Dictionary, Financial.
Related to note receivable: Interest Receivable
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  • noun

Words related to note receivable

your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time

References in periodicals archive ?
This decision was made on the grounds that the process of originating the loans is tantamount to acquiring a note receivable (the loan) in exchange for services rendered (the process of originating the loan).
The Company received $200 million plus accrued interest and intends to use proceeds from the note receivable to fund general corporate obligations.
For example, a reduction in interest rate generally will not result in a deemed disposition of an installment note receivable.
8 million note receivable and related interest from Amp Resources on March 1, 2007.
Fred Zeidman, Chairman of Emerge Capital, commented, "We have purchased the stock of Kipling Holdings, which currently owns the Hilton interest and has a $900,000 note receivable with the option to convert it into an additional five percent ownership in the Hilton.
This related to the rescission of the sale of the Company's software licensing assets in February 2005, whereby the Company recovered cash, a note receivable and land from D&H Services, LLC.
The net purchase price for these transactions was approximately $40 million, including approximately $31 million in cash and a $9 million note receivable.
Another concern addressed in Fitch's ratings is some potential for further non-cash allowances on the Folksamerica note receivable.
The purchase price was $115 million, subject to customary purchase price adjustments, plus Ameren's assumption of $240 million of non-recourse capital lease obligations and assignment of a $240 million note receivable.