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LSDefine

Simple English definitions for legal terms

time note

Read a random definition: offer in compromise

A quick definition of time note:

A time note is a type of promise to pay money at a specific time, not whenever the person who is owed the money wants it. It's like when you promise to pay back your friend the money you borrowed on a certain day, instead of just whenever they ask for it. There are many different types of notes, but they all involve promising to pay back money in some way. Sometimes notes are backed up by things like property or stocks, and sometimes they're just a simple promise.

A more thorough explanation:

A time note is a type of promissory note that is payable only at a specified time and not on demand. This means that the payee cannot demand payment until the specified time has passed. For example, if a borrower takes out a loan and signs a time note for repayment in six months, the lender cannot demand payment before the six months are up.

Other types of promissory notes include demand notes, which are payable whenever the creditor wants to be paid, and installment notes, which are payable at regular intervals.

Examples of time notes include:

  • A loan agreement with a specified repayment date
  • A bond that matures on a specific date
  • A certificate of deposit that cannot be withdrawn before a certain date

These examples illustrate the concept of a time note because they all involve a promise to pay at a specific time in the future, rather than on demand.

time loan | time of memory

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windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
matt gaetz ethics report released
paid for sex with a junior in high school
guarantee people still defend him
BulbasaurNoLikeCardio
9:51
I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage
ImpartialLion
9:55
Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?
BulbasaurNoLikeCardio
9:58
I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing
Do we know if any of the t14 open at all this week
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