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).
For example, a reduction in interest rate generally will not result in a deemed disposition of an installment note receivable.