On the paper currency of many countries, there is a phrase that says "will pay to the bearer on demand." This means that the money is essentially nothing more than a promissory note but it is backed by gold owned by the government.
1963
"A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link.
"Cheque is an instrument in writing containing an unconditional order, addressed to a banker, sign by the person who has deposited money with the banker, requiring him to pay on demand a certain sum of money only to or to the order of certain person or to the bearer of instrument."
It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.It depends on what you consider harassment. They can demand that you pay your mortgage if you are behind in your payments.
1. it must be in writing signed by the maker. 2. it must contain an unconditional promise to pay a certain sum in money. 3. it must be payable on demand, or at fixed or determinable period of time. 4. must be payable to order or bearer.
'Pay to the bearer on demand' just means that you need to pay the bill to the person you are owned money to. The person will be noted on the bill.
1963
I promise to pay the bearer on demand the sum of ...
If it has a green seal, it's worth $12 to $15.
no,because bearer draft is like a currency which can be issue only by rbi hence cant be issue bearer
Many, many different bills carry that legend. Please post a new question with the bill's date, denomination, seal color, and whether there is a small letter next to the date.
free with a subscribtion that you have to pay$.
to order.... dumb pay attemtion in class by Q- Dawg
'or bearer' means that the check can be cashed by whoever presents the check to the bank - bearer means carrier in this context.
More than a modern $100 dollar bill. The money being printed currently has no value other than what the Federal Reserve says it has. That's why modern bills to not say "pay to the bearer" but rather just simply "Federal Reserve Note". Over printing of FIAT money has contributed to the collapse of the dollar.
A Demand Draft is a banking instrument . In any case, if it is not crossed, it is bearer, meaning thereby that the bearer, anyone who is presenting it to the bank can get it en cashed... Sometimes you might need to get a demand draft (DD) issued for someone. On certain occasions you may get a Banker's cheque instead. Demand Drafts and Banker's Cheques are almost the same.
"A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link."A negotiable promissory note is unconditional promise made in writing by one person to another to pay on demand to the payee, or at fixed or ascertainable future time, sum certain in money, to order or to bearer. These notes are governed by the Uniform Commercial Code."See related link.