note receivable


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Related to note receivable: Interest Receivable

Note Receivable

A debt that a borrower had not yet repaid. Notes receivable are listed as assets on the lender's balance sheet.

note receivable

A debt due from borrowers and evidenced by a written promise of payment. Note receivable, an entry on the asset side of many corporate balance sheets, indicates the dollar amount of loans due to be repaid by borrowers.
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1221-1(e)(1) states that an account or note receivable is not described in Sec.