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.)

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Flynn organized basket raffles on holidays, sold note cards featuring the library's stained glass windows, and much more.
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.
The sold notes, issued by CPS Auto Receivables Trust 2013-B, consist of five classes.
When the company resumed selling LTCI coverage, it sold notes in an effort boost its capital levels, and it missed some financial statement filing deadlines.
The company sold notes and equity to secure funds for the cash portion of the price.
CEO Vagit Alekperov, had sold notes linked to the company's ADRs (equivalent to 2.94% of the company's capital) for $1.75bn.
Summary: Redruth Investments (which is reportedly affiliated with Vagit Alekperov) has sold notes
"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.
Prior to 1970, the Treasury sold notes and bonds for cash in subscription offerings, and typically refinanced maturing notes and bonds by offering to exchange them for new notes and bonds.
They also sold notes to brokers, at a loss of one-tenth to one-quarter of one percent.(44) Many observers concluded that only compulsory centralized redemption of all notes in New York would prevent accumulation of the notes there.