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What does Note Payable mean?

A written promise to pay a specific amount of money to a creditor at a definite future date.

Note Payable in a sentence
The company has a Note Payable of $50,000 to the bank, with interest due quarterly.

Note Payable in German, French, Spanish and Italian

German
Schuldscheinverbindlichkeit
also Wechselverbindlichkeit

Schriftliche Verpflichtung zur Zahlung eines Betrags.

French
Billet à payer
also Effet à payer

Engagement écrit de rembourser une somme à une échéance fixée.

Spanish
Documento por pagar

Promesa formal de pago por escrito firmada por el deudor.

Italian
Cambiale passiva
also Pagherò

Promessa incondizionata scritta di pagare una somma a scadenza.

Synonyms and opposites for Note Payable

More Accounting terms

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Note Payable is filed under