Note(redirected from taking note)
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To take notice of. A Commercial Paper that contains an express and absolute promise by the maker to pay to a specific individual, to order, or to bearer a definite sum of money on demand or at a specifically designated time.
n. a promissory note, a written statement of debt by one or more people to one or more people, with a statement of a specific amount owed or due, date it is due, interest (if any) on the amount, and other terms such as installments, penalty for late payment, full amount due if delinquent, how secured (as by real property), and attorneys' fees and costs if required to collect on the note. (See: promissory note)
NOTE, estates, conv., practice. The fourth part of a fine of lands: it is an abstract of the writ of covenant and concord, and is only a, doequet taken by the chirographer, from which he draws up the indenture. It is sometimes taken in the old books for the concord. Cruise, Dig. tit. 35, c. 2, 51.