Examlex
In college, Anita is having difficulty learning Spanish because French words she learned in high school keep coming to mind. This is an example of
Interest-Bearing Note
A debt instrument that pays interest to the holder until maturity.
Note Payable
A written promise to pay a specific amount of money, usually with interest, by a certain date.
Promissory Note
A written promise to pay a specified amount of money on demand or at a definite time.
Current Liability
A company's debts or obligations that are due within one year or within the normal operating cycle, whichever is longer.
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