In legal contexts, a “note” typically refers to a written document or memorandum that records important information, details, or observations relevant to a legal matter. Notes may be created by lawyers, judges, legal scholars, or other professionals involved in legal proceedings or research. These documents serve various purposes, such as documenting case law, summarizing legal arguments, outlining contractual terms, or recording meeting minutes. Notes in law are crucial for preserving accurate records, facilitating communication, and providing references for future analysis or decision-making.
- A short-term debt security, usually with a maturity of five years or less.
- A legal document that obligates a borrower to repay a mortgage loan at a specified interest rate during a specified period of time or on-demand; here also called a promissory note.
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This glossary post was last updated: 29th March, 2024.
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