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Notes

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Notes
A note is a negotiable record of an unsecured loan with a maturity of more than one year - in other words, a Bond.
    
There's little difference between bonds and notes, although generally, when an instrument is referred to as a note, it Will have a maturity of less than five years.

In finance, a note is a Debt Security, in which the authorized issuer owes the holders a Debt and is obliged to repay the principal and Interest (the Coupon) at a later date, termed maturity.
Posted by  Privatebanking.com
 
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