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Simple English definitions for legal terms

banker's note

Read a random definition: Rev. Stat.

A quick definition of banker's note:

A banker's note is a type of note that is used by banks. It is similar to a regular note, but it is issued by a bank and can be used as a form of payment.

A more thorough explanation:

A banker's note is a type of promissory note issued by a bank. It is a written promise to pay a specific amount of money to the bearer or a designated person on a specific date or on demand.

For example, if a business needs to borrow money from a bank, the bank may issue a banker's note to the business. The note will state the amount of money borrowed, the interest rate, and the repayment terms. The business will then be responsible for repaying the loan according to the terms of the note.

Another example is when a person deposits money into a bank account. The bank may issue a banker's note to the depositor as proof of the deposit. The note will state the amount of money deposited and the account number.

Banker's notes are commonly used in financial transactions and are considered a secure form of payment. They are often used in international trade to facilitate the exchange of goods and services between countries.

banker's acceptance | bank examiner

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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