Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

serial note

Read a random definition: lex Burgundionum

A quick definition of serial note:

A serial note is a written promise to pay money to someone else. It's like a loan that you have to pay back in installments, which means you pay a little bit at a time instead of all at once. It's important to make sure you can afford to pay back the money before you sign a serial note.

A more thorough explanation:

A serial note is a type of installment note, which is a written promise by one party to pay money to another party or to bearer in regular intervals. The periodic payments usually cover only interest, while the final payment represents the entire principal. Serial notes are commonly used for loans, mortgages, and other financial transactions.

For example, a person may take out a serial note to purchase a car. They would make regular payments to the lender, with the final payment covering the full cost of the car. Another example is a mortgage, where the borrower makes regular payments to the lender, with the final payment covering the entire loan amount.

Serial notes are different from other types of notes, such as demand notes, which are payable whenever the creditor wants to be paid, or time notes, which are payable only at a specified time and not on demand.

serial murder | serial number

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
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
LSD+ is ad-free, with DMs, discounts, case briefs & more.