Dictionary of Law

note :: legal definition

Note - n. a promissory note, a written statement of debt by one or more people to one or more people, with a statement of a specific amount owed or due, date it is due, interest (if any) on the amount, and other terms such as installments, penalty for late payment, full amount due if delinquent, how secured (as by real property), and attorneys' fees and costs if required to collect on the note.

See also: promissory note and Related Law Terms ↓

Related Law Terms

acceleration clause :: n. a provision in a contract or promissory note th ... . See also: acceleration assumption
demand note :: n. a promissory note which is payable any time the ... allments. See also: promissory note
discount :: n. the payment of less than the full amount due on ... now-the difference is the discount.
holder :: n. a general term for anyone in possession of prop ... older in due course promissory note
make :: v. 1) to create something. 2) to sign a check, pro ... xchange check maker promissory note
maker :: n. 1) the person who signs a check or promissory n ... : check payee payor promissory note
maturity :: n. 1) the date when the payment of the principal a ... exchange legal age promissory note
presentment :: n. 1) making a demand for payment of a promissory ... ee also: Grand Jury promissory note
promissory estoppel :: n. a false statement treated as a promise by a cou ... lue of his work. See also: estoppel
promissory note :: n. a written promise by a person (variously called ... lso: interest obligee obligor usury

Popular Law Searches

legal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.
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forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
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Other Law Terms - N

N.O.V. :: adj. shorthand acronym of Latin for non obstante v ... notwithstanding the verdict verdic
National Labor Relations Board :: n. an independent regulatory commission created in ... see union and organizing elections.
natural law :: n. 1) standards of conduct derived from traditiona ... eated by mankind through the state.
natural person :: n. a real human being, as distinguished from a cor ... ated at law as a fictitious person.
necessary :: adj., adv. 1) essen- tial. 2) less forcefully, it ... nient, useful or making good sense.
necessary inference :: n. 1) a conclusion militated by reason and logic a ... nown facts. 2) unavoidable meaning.
necessary party :: n. a person or entity whose interests will be affe ... o: indispensable party proper party
negative declaration :: n. a finding by a city council or other local gove ... so: EIR environmental impact report
negative pregnant :: n. a denial of an allegation in which a person act ... suse, just the amount and the date.
negligence :: n. failure to exercise the care toward others whic ... gence per se res ipsa loquitur tort
negligence per se :: (purr say) n. negligence due to the violation of a ... riving. See also: negligence per se
negligent :: adj., adv. careless in not fulfilling responsibili ... esponsibility. See also: negligence
negotiable instrument :: n. check, promissory note, bill of exchange, secur ... bearer paper bill of exchange check
negotiation :: n. 1) the transfer of a check, promissory note, bi ... te. See also: negotiable instrument
net :: : n., adj. the amount of money or value remaining ... or net estate. See also: net estate
net estate :: n. the remaining estate of a person who has died, ... alue. See also: estate tax gift tax
new matter :: n. newly claimed facts or legal issues raised (bro ... ee also: affirmative defense answer
next friend :: n. a person (often a relative) who voluntarily hel ... filed. See also: guardian ad litem
next of kin :: n. 1) the nearest blood relatives of a person who ... See also: descent and distribution
nihil :: (ni [as in it]-hill) n. from Latin for nothing. ... t]-hill) n. from Latin for nothing.