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Capital Note |
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Capital Note A short-term, corporate bond. A company issues a capital note in order to pay its short-term liabilities. Capital notes are unsecured and, in the event of liquidation, receive the lowest priority of all bonds (thought they still rank higher than preferred or common stock). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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