note receivable

WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

Definitions from WordNet

Noun note receivable has 1 sense

note receivable - your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time
--₁ is a kind of note, promissory note, note of hand

Definitions from the Web

Note Receivable

Description:

A note receivable is a written promise to receive a certain amount of money on a future date, typically with interest. It is a financial asset that represents a legal claim to payment from another party.

Sample Sentences:

The company recorded a note receivable as part of their accounts receivable.
After lending money to a friend, I asked for a note receivable to ensure repayment.
The bank issued a note receivable to the borrower, detailing the terms of the loan.
With a note receivable, the business can anticipate future cash flows.

Related Products:

For further information and related products, consider checking out the following:

notches note note cards note of any note of hand note on gregarine note pad software note payable note receivable note value noteable noteably notebook notebook computer notebook entry notebooks notecase

Sponsored (shop thru our affiliate link to help maintain this site):

Check latest bestsellers | New Arrivals in Electronics