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A paper notes promising to repay money after a certain length of time with interest are called?
tarrifs
What is a paper note that promises to repay money in a certain lenght of time?
A paper note that a borrower promises to repay money in a certain length of time is called a promissory note. A bank loan is a type of promissory note. Individuals can also use this type of note when someone owes them money.
What Paper notes bought by an individual backed by a promise by the government to repay the money with interest after a certain period of time are called?
Paper notes bought by an individual that are backed by a promise from the government to repay the money with interest after a certain period of time are called government bonds. These bonds are a form of debt security, where the government borrows funds from investors for various purposes, such as financing public projects or managing national debt. Investors receive periodic interest payments and the principal amount back at maturity.
Who invented paper money in china?
the han dynasty invented the paper money
Is u.s. money made of hemp?
In 1631, hemp was used as money throughout American colonies (and in 1776, the American 'Declaration of Independence' was drafted on hemp paper). Current US currency is made of 25 percent linen and 75 percent cotton. Threaded throughout the paper money are red and blue synthetic fibers of different length. These are used for security and as a deterrent to forgeries.
What are paper notes promising to repay money in a certain length of time?
a bond
What is the paper note that promises to repay money in a certain length of time?
loan
A paper notes promising to repay money after a certain length of time with interest are called?
tarrifs
What is a paper note promising to repay money in a certain length of time?
Bond -yee i did it myself lol-
What is a paper note that promises repay money in a certain length of time?
Bond -yee i did it myself lol-
What is a paper note that promises to repay money in a certain lenght of time?
A paper note that a borrower promises to repay money in a certain length of time is called a promissory note. A bank loan is a type of promissory note. Individuals can also use this type of note when someone owes them money.
What Paper notes bought by an individual backed by a promise by the government to repay the money with interest after a certain period of time are called?
Paper notes bought by an individual that are backed by a promise from the government to repay the money with interest after a certain period of time are called government bonds. These bonds are a form of debt security, where the government borrows funds from investors for various purposes, such as financing public projects or managing national debt. Investors receive periodic interest payments and the principal amount back at maturity.
Why does the government print only a certain number of paper notes and not as many it likes arbitrarily?
The amount of money printed must not exceed the balance of payments in the governments coffers. The paper notes and coins are a 'promise' by the government to pay the equivalent in gold of every note and coin in circulation.
What is the length and width of us paper money?
67mm wide ; 155 mm long
What is light and full of promise?
paper
Why currency note is not a promissory note?
A modern government issued currency note is not a promissory note, although currency did evolve from the concept of a promissory note. A promissory note is a promise from a specific individual, group or entity to pay "money" to the noteholder generally within a certain timeframe. When banks first issued banknotes, they were indeed a promise to pay to the holder in gold or other precious metal (what was then considered "money") in an amount equal to the face value if presented to the bank. When governments over the issuance of banknotes, the promise remained -- until the gold standard was abolished and the paper notes themselves became "money" rather than just promises for money.
If someone makes a promise to give someone some money is it enforceable?
Unless you have an "Uncle Louie" in Chicago to come and break his legs- or, get it in writing, you don't have a "legal leg" to stand on! Pun intended. A promise is only worth the paper it is written on.
