A credit note is a financial instrument issued by a government or as part of a business transaction, used as currency to pay bills or carry out financial transactions. It can be viewed as a document used in place of currency in a transaction, with the expectation that it will be redeemed for cash in […]
A waybill is a shipping document that includes details about the shipment, such as weight and transport modes. It is used for tracking and must be accurate to pass through customs. Other documents are attached for international shipments. A waybill is a term used to describe the billing documentation prepared by the shipping company that […]
A progress note is a medical record written by nurses or physicians in a specific format, usually containing information about the patient’s progress, diagnosis, treatment plan, and test results. The standard format is SOAP, with sections for subjective, objective, evaluation, and plan. Progress notes are archived when the patient’s condition is serious, discharged, or transferred, […]
Nota bene (NB) is a Latin phrase meaning “note well” and is used to emphasize and direct readers to pay special attention to important information in legal, academic, scientific, mathematical, and technical writings. It can also be used to mark critical sections in a document or signal the need for further analysis. NB is always […]
Anticipation notes, also known as forward note bonds, are short-term bonds used by local or state governments to bridge financial gaps until long-term bonds generate revenue. They require thorough financial investigation and documentation, and should not be used as a long-term financial strategy or to delay debt payments. When a local or state government needs […]
An advice note informs customers that their order has been received and shipped, and includes details such as order numbers, descriptions of goods, and shipping costs. It is not a replacement for a bill of lading or packing list. An advice note is a type of business document stating that an order placed by a […]
Record sheets are used to keep track of everything that happens in a court case, including attorney appearances, filed documents, hearing summaries, and judge’s notes. They are part of the official file kept at the court and are considered public information, except in cases involving minors or adoptions. In most jurisdictions around the world, a […]
Convertible notes are low-interest corporate bonds that can be exchanged for shares in the future, offering advantages such as low interest rates and debt reduction, but also disadvantages such as dilution of present value to shareholders. They are available in the investment markets of the US, Japan, Canada, Europe, and Asia. A convertible note is […]
A promissory note is an agreement by a borrower to repay a lender within a certain period of time. Lenders may sell the note before it is due, but it is important to have all documentation in order and evaluate market conditions. Gathering all documentation, promoting the note as a good investment, and working with […]
A cash flow note is a financial contract used in various situations, including retail businesses and real estate deals. Borrowers promise to repay lenders, with repayment terms linked to the advance receipt of funds. Immediate cash is a benefit, but failure to repay could result in interest and penalties. A cash flow note is a […]
A loan note is a legal document that indicates a buyer owes a seller money for a purchased item on credit. It details the loan terms, has tangible value, and can be sold or traded. Loan notes are commonly used in business and can be sold to increase liquidity. A loan note is a legal […]
A depository note is a type of certificate of deposit that allows the financial institution to redeem it before maturity. It has a longer maturity date, offers slightly more interest, and uses an accrual method to calculate interest. It carries a lower level of risk and can be a good way to earn interest on […]
A ransom note demands payment for the return of a hostage, often using disguised writing and threats of harm. Kidnapping for ransom is a global issue, with wealthy individuals and political groups targeted. Piracy also involves ransom demands, with criminal organizations targeting private and commercial vessels. A ransom note is a note or short letter […]
An IOU or promissory note is an informal way of acknowledging a small debt between friends, family or co-workers, but it is not legally binding and can be difficult to enforce in court. It is best to limit the amount of any loan secured in this way and use a more formal promissory note for […]
Sending a thank you note after an interview is important to make a good final impression and build relationships. The note should be brief, personal, and express gratitude for the company’s time. It can also imply interest in the job or withdraw the application politely. A thank you note can make a difference in competitive […]
Properly thanking someone involves sending a short, personal note within 30 days of receiving a gift or good deed. Use stationery, write in ink, and acknowledge the thought behind the gift without mentioning the amount. Thank hosts for their hospitality and express gratitude without adding humor or work updates. Everyone knows it’s okay to say […]
A waybill, also known as a bill of lading, is a document used in the maritime sector to provide information about a shipment and can serve as a receipt for payment. It is required by the shipper and includes shipper and recipient details, shipping preferences, and tracking codes. A waybill is sometimes referred to as […]
Thank-you notes are still expected for gifts or kind gestures. They should be sent immediately and express gratitude. It’s not necessary to be elaborate, but handmade gifts should be appreciated. Gratitude is important and perpetuating this rule of etiquette is necessary. While many etiquette rules have been dropped in recent years, one convention still holds […]
A demand note is a loan that can be repaid at any time at the lender’s request, with no fixed repayment terms or maturity date. Interest rates can be variable and borrowers should be prepared to meet short-term debt obligations. Lenders can sell or transfer the note without notifying the borrower. A demand note is […]
A secured promissory note specifies the terms of a loan guaranteed by a borrower offering collateral to a lender, allowing borrowers to receive better terms. The note includes information about the lender, borrower, loan amount, interest rate, and repayment period, while the security agreement specifies the collateral. A secured promissory note is the part of […]
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