| A | B |
|---|
| Creditor | A person or organization to whom a liability is owed. |
| Current Liabilities | Liabilities due within a shrot time, usually within a year. |
| Date of Not | The day a note is signed |
| Dishonored Note | A note that is not paid when due. |
| Interest | An amount paid for the sue of money for a period of time. |
| Interest Expense | The interest accrued on money borrowed. |
| Interest Income | The interest earned on money loaned. |
| Interest Rate of a Note | The percentage of the principal that is paid for use of the moeny. |
| Maker of a Note | The person or business who signs a note and thus promises to make payment. |
| Maturity Date of a Note | The date a note is due. |
| Maturity Value | The amount that is due on the maturity date of a note. |
| Notes Payable | Promissory Notes signed by a business and given to a creditor |
| Notes Receivable | Promissory notes that abusiness accepts from customers. |
| Number of a Note | The number assigned to identify a specific note. |
| Payee of a Note | The person or business to whom the amount of a note is payable. |
| Principal of a ntoe | The original amount of a note; sometimes referred to as face amount of a note. |
| Promissory Note | A written and signed promise to pay a sum of money at a specified time. |
| Time of a Note | The days, months, or years from the date of signing until a note is to be paid. |
