Examlex
What is meant by the "present value" of a payment that is scheduled for a future date?
Drawer Secondarily Liable
The obligation of the drawer of a negotiable instrument, such as a check, to pay if the primary party fails to do so.
Fraudulent Alteration
Altering a document without permission with the goal of misleading or committing fraud.
Promissory Note
A promissory note is a financial instrument in which one party promises in writing to pay a determinate sum of money to another, either at a fixed or determinable future time.
Entitlement to Payment
The legal right or claim to receive a sum of money from another party under the terms of a contract or agreement.
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