sale note
sale note (1)买卖确认书;成交确认书 指由经纪人或代理商向委托其出售该财产的出卖人以及与其进行交易的买受人所出具的一种备忘录,包括买卖的标的及主要条款等内容。亦作「bought and sold note」。 (2)拍卖通知书拍卖交易中的买者提交的列明其购买价格的通知书。
sale note (1)买卖确认书;成交确认书 指由经纪人或代理商向委托其出售该财产的出卖人以及与其进行交易的买受人所出具的一种备忘录,包括买卖的标的及主要条款等内容。亦作「bought and sold note」。 (2)拍卖通知书拍卖交易中的买者提交的列明其购买价格的通知书。
bought and sold notes. Two memoranda prepared by a broker to record the sale of a note. • The broker sends the bought note to the purchaser, and sends the sold note to the seller.
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A written memorandum of sale delivered to the seller by the broker responsible for the sale, and usu. outlining the terms of the sale. See CONFIRMATION SLIP.
A written memorandum of a sale delivered to the buyer by the broker responsible for the sale.
A bill of exchange drawn on and accepted by a commercial bank. • Banker’s acceptances are often issued to finance the sale of goods in international trade. — Abbr. BA. — Also termed bank acceptance. [Cases: Banks and Banking 189; Bills and Notes 151. C.J.S. Banks and Banking §§ 452–458; Bills and Notes; Letters of
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Uniform Commercial Code. A uniform law that governs commercial transactions, including sales of goods, secured transactions, and negotiable instruments. • The Code has been adopted in some form by every state. — Abbr. UCC. [Cases: Bills and Notes 2; Sales 3.1; Secured Transactions 3. C.J.S. Bills and Notes; Letters of Credit§ 4; Sales §§ 3–4;
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without notice. Lacking actual or constructive knowledge. • To be a bona fide purchaser, one must buy something “without notice” of another’s claim to the item or of defects in the seller’s title. To be a holder in due course, one must take a bill or note “without notice” that it is overdue, has been
memorandum. 1. An informal written note or record outlining the terms of a transaction or contract (the memorandum indicated the developer’s intent to buy the property at its appraised value). • To satisfy the statute of frauds, a memorandum can be written in any form, but it must (1) identify the parties to the contract,