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note receivable

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note receivable

noun
your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time 
WordNet® 3.0, © 2006 by Princeton University.
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Financial Dictionary

note receivable

A debt due from borrowers and evidenced by a written promise of payment. Note receivable, an entry on the asset side of many corporate balance sheets, indicates the dollar amount of loans due to be repaid by borrowers.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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