Note

Note, notes, or NOTE may refer to:

Music and entertainment

Finance

Technology and science

Promissory note

A promissory note is a legal instrument (more particularly, a financial instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily salable, it is called a negotiable instrument.

Referred to as a note payable in accounting (as distinguished from accounts payable), or commonly as just a "note", it is internationally defined by the Convention providing a uniform law for bills of exchange and promissory notes, although regional variations exist. A banknote is frequently referred to as a promissory note: a promissory note made by a bank and payable to bearer on demand. Mortgage notes are another prominent example.

Overview

Promissory notes are a common financial instrument in many jurisdictions, employed principally for short time financing of companies. Often, the seller or provider of a service is not paid upfront by the buyer (usually, another company), but within a period of time, the length of which has been agreed upon by both the seller and the buyer. The reasons for this may vary; historically, many companies used to balance their books and execute payments and debts at the end of each week or tax month; any product bought before that time would be paid only then. Depending on the jurisdiction, this deferred payment period can be regulated by law; in countries like France, Italy or Spain, it usually ranges between 30 to 90 days after the purchase.

Large denominations of United States currency

The base currency of the United States is the U.S. dollar. It is printed in bills in seven denominations: $1, $2, $5, $10, $20, $50, and $100. Previously there have also been five larger denominations: $500, $1,000, $5,000, and $10,000 were printed for general use (in large transactions), and a $100,000 bill for certain internal transactions.

Overview and history

High-denomination currency (i.e., banknotes with a negotiable face value of $500 or higher) had been used in the United States since the late 18th century. The first $500 note was issued by the Province of North Carolina, authorized by legislation dated May 10, 1780.Virginia quickly followed suit and authorized the printing of $500 and $1,000 notes on October 16, 1780 and $2,000 notes on May 7, 1781. High-denomination notes were also issued during the War of 1812 ($1,000 notes authorized by an act dated June 30, 1812), as well as the American Civil War Confederate currency ($500 and $1,000). During the Federal banknote issuing period (1861 to present), the earliest high-denomination notes included three-year Interest-bearing notes of $500, $1,000, and $5,000, authorized by Congress on March 2, 1861. In total, 11 different types of U.S. currency were issued in high-denomination notes across nearly 20 different series dates. The obverse of United States banknotes generally depict either historical figures, allegorical figures symbolizing significant concepts (e.g., liberty, justice), or a combination of both. The reverse designs range from abstract scroll-work with ornate denomination identifiers to reproductions of historical art works.

Patterson

Patterson may refer to:

People

Places

Other uses

Patterson (surname)

Patterson is a surname originating in Ireland, meaning "son of Patrick". There are other spellings, including Pattison. People with the surname Patterson include:

A

B

Patterson (Metro-North station)

Patterson is a Metro-North Railroad station that serves the residents of Patterson, New York via the Harlem Line. Trains leave for New York City every two hours, and about every 30 minutes during rush hour. It is 60.2 miles (96 km) from Grand Central Terminal and travel time to Grand Central is approximately one hour, 42 minutes.

This station is the first/last station in the Zone 8 Metro-North fare zone.

It is the northernmost station on the line in Putnam County, and the first station beyond the end of electrification. Contrary to the Metro-North website, Patterson Station is farther west of New York State Route 22, and closer to New York State Route 311, which is just to the north.

Platform and track configuration

The station consists of a four-car-long high-level side platform to the west of the track. The Harlem Line has one track at this location.

External links

Media related to Patterson (Metro-North station) at Wikimedia Commons