note payable Synonyms

No Synonyms and anytonyms found

note payable Meaning

Wordnet

note payable (n)

a note promising to pay a certain amount of money at a certain time

note payable Sentence Examples

1. The company issued a note payable to its bank to secure a loan.
2. The note payable is due in 90 days and bears an interest rate of 6%.
3. The company's financial statements disclose a significant amount of notes payable.
4. The note payable is a liability that must be repaid within a specified period.
5. The company's note payable balance has increased steadily over the past few years.
6. The accounting department incorrectly recorded the note payable as an equity account.
7. The note payable is considered a current liability on the company's balance sheet.
8. The company's bondholders are concerned about the large amount of notes payable.
9. The note payable is secured by a lien on the company's property.
10. The company negotiated a favorable interest rate on its note payable.

FAQs About the word note payable

What is the meaning of the word note payable

a note promising to pay a certain amount of money at a certain time

What are the synonyms of the word note payable

No synonyms found.

What are the antonyms of the word note payable

No antonyms found.

What is the usage of word note payable

The company issued a note payable to its bank to secure a loan.

The note payable is due in 90 days and bears an interest rate of 6%.

How to use the word note payable in a sentence?

The company's financial statements disclose a significant amount of notes payable.

The note payable is a liability that must be repaid within a specified period.