1. a : a written promise to pay a debt; specifically : promissory note in this entry : promissory note in this entry

    — bank note
    : a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money

    — cognovit note
    : a note in which the maker acknowledges the debt and authorizes the entry of judgment against him or her without notice or a hearing : a note containing a confession of judgment

    — collateral note
    : a note secured especially by a collateral mortgage and pledged to secure an obligation of which a hand note usually serves as evidence

    — demand note
    : a note payable on demand — compare time note in this entry

    — floating rate note
    : a negotiable note that yields an indexed and periodically adjusted variable rate of interest — called also floater

    — hand note
    : a note for an obligation secured by a collateral note

    — non-recourse note
    : a note whose satisfaction upon default may be obtained only out of the collateral securing it

    — promissory note
    : a note containing an unconditional promise to pay on demand or at a fixed or determined future time a particular sum of money to or to the order of a specified person or to the bearer

    — recourse note
    : a note whose satisfaction upon default may be obtained from the debtor's assets other than and in addition to the collateral securing it

    — renewal note
    : a note that continues an obligation due under a previous note

    — tax anticipation note
    : a note issued by a state or municipality on pending tax revenue to fund immediate governmental expenditures

    — time note
    : a note payable at a specified time in the future — compare demand note in this entry

    — Treasury note
    : a negotiable note issued by the U.S. government with a maturity date of one to ten years from the date of issue — called also T-note; compare Treasury bill at bill 7, Treasury bond at bond 2

    b : a piece of paper money

  1. : an exposition on a law-related topic especially found in a law review


transitive verb
  1. : to recognize the existence or presence of noted probable jurisdiction

  1. : to make a notarial memorandum of nonpayment of (a negotiable instrument) on presentation