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Traditionally, one of the most time-consuming activities engaged in by police agencies is the management of paperwork.
Face Value
The nominal or dollar value printed on a financial instrument, such as a bond.
Promissory Note
A financial instrument comprising a written promise by one party to pay a certain amount of money to another party at a specified time or on demand.
Dishonored
A term typically used in banking and finance to refer to a payment instrument, such as a check or promissory note, that has been refused or rejected by the payer's bank due to insufficient funds or other reasons.
Interest-Bearing Note
A debt instrument in which the issuer pays interest to the holder, usually at a fixed rate, until the note reaches maturity.
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