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A Note Receivable Is a Written Promise by the Maker

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A note receivable is a written promise by the maker to the payee to pay a specified amount of money at a definite time.


Definitions:

Circumduction

A circular movement of a body part, such as a limb, that outlines a cone shape.

Circumduction

A movement that combines flexion, extension, abduction, and adduction in such a way that the distal end of the body part moves in a circle.

Rotation

The act of rotating around an axis or center, often referred to in physics and mechanics, or the movement around a joint in anatomy.

Elevation

An increase in height or the angle of something; also used to describe a geographical area's height above sea level.

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