time note
- A written promise to pay a certain amount of money at a predetermined time in the future
- The company issued a time note to secure the loan and agreed to pay it back within a year.
- The buyer signed a time note to finance the purchase of the property, agreeing to make payments over the next thirty years.
- In order to fund the renovation costs, the owner issued a time note to the bank with a stipulated repayment period of five years.
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