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dishonoring the note.

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Q: What is the Failure by promissory note's maker to pay the amount at maturity is known as?
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What is a signed promise to pay back loan?

Collateral


What is Liquidity Statements?

A liquidity statement is a written statement that indicates the maturity of assets and liabilities of a company. It is drawn on a bank's balance sheet and is also known as a statement of maturity of assets and liabilities.


What are fixed maturity plans?

FMP's, as they are popularly known, are the equivalent of a fixed deposit in a bank, with a little bit of difference. Fixed maturity plans are investment schemes floated by mutual funds and are close-ended with a maturity period ranging from three months to five years. These plans are predominantly debt-oriented, while some of them may have a small equity component. The objective of such a scheme is to generate steady returns over a fixed-maturity period and immunizing the investor against market fluctuations. The maturity amount of a fixed deposit in a bank is 'guaranteed', whereas it is only 'indicated' in the FMP of a mutual fund. The regulator for FMP's does not allow fund companies to guarantee returns, and hence they declare only 'indicated returns' in FMPs. Typically, the fund house fixes a 'target amount' for a scheme, which it ties up informally with borrowers before the scheme opens. . Since the fund house knows the interest rate that it will earn on its investments, it can provide 'indicative returns' to investors.


The amount of money you borrowed is called the what?

The original amount of money borrowed is known as the principal.


When a borrower receives the face amount of a discounted note less interest the amount is known as?

When a borrower receives the face amount of a discounted note less interest the amount, this is known as a discount loan. A discount loan is not actually discounted in the traditional sense.

Related questions

What is a signed promise to pay back loan?

Collateral


What is the onset of sexual maturity in animals known as?

Sexual maturity is the age or stage when an organism can reproduce. This is called progenesis, in which sexual development occurs.


Which best describes Puberty - physical maturity or sexual maturity?

Puberty is better known for the sexual maturity of children. Although Puberty is the period where children grow into adults, so physical, mental and sexual maturity all happen at the same time and are classed as Puberty or adolescence.


What is Currency notes?

A currency note is a banknote -- a type of negotiable instrument known as a promissory note, made by a bank, payable to the bearer on demand.


A sentence with the word negotiation?

Negotiate means to discuss and deal with problems. Example : "When conflicts occur, other countries will often try to negotiate peace."


What is Liquidity Statements?

A liquidity statement is a written statement that indicates the maturity of assets and liabilities of a company. It is drawn on a bank's balance sheet and is also known as a statement of maturity of assets and liabilities.


A bond that repays principal in one single payment at maturity is known as?

A pure discount security.


Are the 1993 3.8 liter Chrysler known for over heating?

Only when there is a failure in the cooling system.Only when there is a failure in the cooling system.


What is the usefulness of bathtub curve?

The usefulness of bathtub curve include the decrease failure rate as the first part, also known as early failures. The second part is a constant failure rate, known as random failures. The third part is an increasing failure rate, also known as the wear-out failures.


The failure of a material due to repeated stressing is known?

Fatigue


The failure of a material due to repeated stressing is known as?

creep


Failure to pay taxes owed to the government is known as what?

evasion