Sold note

SOLD NOTE, contracts. The name of an instrument in writing, given by a broker to a buyer of merchandise, in which it is stated that the goods therein mentioned have been sold to him. 1 Bell's Com. 5th ed. 435 Story on Ag. Sec. 28. Some confusion may be found in the books as to the name of these notes; they are sometimes called bought notes. (q.v.)

References in periodicals archive ?
In addition, she produced and sold note cards featuring the students' work, and then donated the $1,000 in proceeds to local libraries.
Even so, he says, "I have sold notes of 190 different currencies".
OCBC Bank, Australia, has said that it has sold notes under a global term programme.
CEO Vagit Alekperov, had sold notes linked to the company's ADRs (equivalent to 2.
Foreign companies sold notes and government bonds and shares in the Egyptian stock market in the wake of volatilities in the [global] markets and fears of taking more risks," the report said.
The SEC has alleged that the defendants raised money in a multi-level marketing scheme that sold notes and bonds as part of a massive Ponzi scheme.
None of AT&T, the Dealer Managers, the Repurchase Agent or any of their respective affiliates made any recommendation as to whether or not holders should have sold Notes pursuant to the Offer.
For years institutional firms and savvy investors have bought and sold Notes for profit and to maintain cash liquidity," states LFC Senior Vice President Paul Lyons.
Barclays Plc (LSE: BARC) has sold notes tied to Nvidia Corp.
Bank of Montreal (NYSE BMO) has announced that it has sold notes.
Accordingly, if a noteholder who participated in the exchange offer elects to trade its notes, the noteholder's right to receive the Put Right Certificate will transfer together with the sold notes.
UK-based Standard Chartered (LSE: STAN) and Barclays Plc (LSE: BARC) have sold notes tied to South Korea.