A promissory note
is a legal instrument (more particularly, a financial instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily salable, it is called a negotiable instrument.
Referred to as a note payable in accounting (as distinguished from accounts payable), or commonly as just a "note", it is internationally defined by the Convention providing a uniform law for bills of exchange and promissory notes, although regional variations exist. A banknote is frequently referred to as a promissory note: a promissory note made by a bank and payable to bearer on demand. Mortgage notes are another prominent example.
Promissory notes are a common financial instrument in many jurisdictions, employed principally for short time financing of companies. Often, the seller or provider of a service is not paid upfront by the buyer (usually, another company), but within a period of time, the length of which has been agreed upon by both the seller and the buyer. The reasons for this may vary; historically, many companies used to balance their books and execute payments and debts at the end of each week or tax month; any product bought before that time would be paid only then. Depending on the jurisdiction, this deferred payment period can be regulated by law; in countries like France, Italy or Spain, it usually ranges between 30 to 90 days after the purchase.
Notes in perfumery are descriptors of scents that can be sensed upon the application of a perfume. Notes are separated into three classes; top/head notes, middle/heart notes, and base notes; which denote groups of scents which can be sensed with respect to the time after the application of a perfume. These notes are created carefully with knowledge of the evaporation process and intended use of the perfume. The presence of one note may alter the perception of another - for instance, the presence of certain base or heart notes will alter the scent perceived when the top notes are strongest, and likewise the scent of base notes in the dry-down will often be altered depending on the smells of the heart notes.
The idea of notes is used primarily for the marketing of fine fragrances. The term is sometimes used by perfumers to describe approximately scents or the perfumery process to laypeople.
Fragrant materials are listed by Poucher in order of volatility and are grouped under respective evaporation coefficients (perfume notes) that range from 1 to 100.
Digital asset brokerage firm Nonco has successfully raised $10 million in seed capital. The funding round, comprising a mix of equity and convertible notes, was spearheaded by ValorCapital Group, led by former U.S ... Nonco’s impressive growth and market presence ... Non-custodial approach and risk mitigation strategies ... Conclusion ... ....
UAAPSeason 86 has commenced and the De La Salle UniversityGreen Archers reigned supreme ...The new cycle ... The Maroons have to leave their comfort zone of having Diouf and Lopez, a small forward being converted to a quicker "four," and three guards. On that note, JD Cagulangan still has a year of eligibility, but it's not certain if he will use it ... ....
NKLA) today announced the pricing of its concurrent public offerings of 133,333,334 shares of common stock, at a public offering price of $0.75 per share, and $175,000,000 aggregate principal amount of 8.25% GreenConvertibleSenior Notes due 2026 (the "Notes") ... converted Notes.
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RIYADH, Dec ...Al Qahtani, president of Downstream business at the energy giant, told Xinhua in a recent interview ... The company's investments in China mainly focus on the high convergent refineries, where more than 50 percent of crude oil is converted to chemicals, he noted. "So we are taking account of future shifts of demand." ... (Web editor ... .
Before he even touched the ice, "Patrick KaneNight" started Thursday inside the Detroit Red Wings' team store. There, his new No ... “I mean, you know, the fans were great,” Kane said ... That he was in position to take a shot he would normally convert — that he has so often converted —was a good sign. But he added a little wistful note to his thoughts.
... also reportedly quit the company.This year in April, Dunzo closed a $75-million financing round through convertible notes.Dunzo co-founder quits, company to undergo organisation-wide restructuringThe company had previously raised $240 million in equity funding in January 2022.
The Anti-Defamation League (ADL) has tracked reports of antisemitism in the United States since 1960 and notes that in 2023, "Over three-quarters of Americans (85 percent) believe at least one anti-Jewish trope, as opposed to 61 percent found in 2019 ... He noted that several individuals and families have converted to Judaism here during his tenure.
On that same day, the Company held an earnings call wherein Defendants disclosed that the delay in reporting was due to having a “highly complex quarter” including “very complex accounting along with convertible notes and accounting for derivative” and “things like raw material ...
(OTC...Projects ... We have several bids that have been announced but until the contract is signed, those details will remain in-house.Have the FutureHome Power hires started in December? How is that going?We have offered convertible notes to former FHP 1099 reps, of which about 75% have already signed them for past due commissions owed from 2021/2022 ... .
of $1.4 billion principal amount of its convertible notes due 2027. The offering launched and priced on December 4, 2023, and closed on December 7, 2023, including an additional $200 million principal amount of convertible notes issued upon ...
("Evergy") in connection with its inaugural offering of $1.4 billion in aggregate principal amount of equity-linked 4.50% Convertible Notes due 2027 ("Notes"), which included an additional $200 million in aggregate principal amount of Notes purchased pursuant ...
The success of U2’s residency at the Sphere in Las Vegas and Sphere Entertainment Co.’s announcement of a $225 million convertible note this week spell opportunity for investors, analysts say ... the $225 million convertible senior notes deal and the company’s financial update.
According to a new report by The Financial Times, French bank Societe Generale (SocGen) has launched its own Euro-pegged digital asset – dubbed the EUR ConVertible – on the Luxembourg-based crypto exchange platform Bitstamp ... According to Stenger, the bank hopes that EUR ConVertible will be used to settle trades involving digital bonds and assets.
... agreements with certain holders of its outstanding 0.375% ConvertibleSenior Notes due 2024 (the “2024 Notes”) and certain new investors, pursuant to which Repligen will issue $600 million aggregate principal amount of 1.00% Convertible Senior Notes due 2028 (the “New Notes”).