note of hand
- noun
- Specialized
:
pagaré
- He secured a loan by signing a note of hand promising repayment within six months.
Examples
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The bank required a note of hand before releasing the funds.
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She was asked to provide a note of hand as a guarantee for her business transaction.
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He signed a note of hand for the loan.
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The bank requested a note of hand before issuing the mortgage.
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The contractor provided a note of hand to secure the payment for the renovation work.
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Before the loan was approved, she had to sign a note of hand promising to repay the borrowed money.
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He presented his note of hand to the bank as evidence of his financial commitment.
Synonyms
173
1.5
A paper bill used as money or a written promise to pay money
6
7.0
A written promise to pay money to a named person or holder, payable on demand and sometimes later
1
7.1
A written promise to pay money when the lender asks
A written promise to pay money on a specific date
A written promise to pay a set amount of money on a future date
A written promise that someone will pay a fixed amount on a set date
A short written note that says someone owes or will pay money
How Legally Binding
Surface Forms
Morphology
note + of + hand
Although 'note' can indicate a written document, the element 'hand' does not transparently convey a financial obligation or promise to pay; the phrase is a legal/idiomatic term meaning 'promissory note'. A B1 learner who knows the literal meanings of the parts would not reliably infer the specialized financial sense, so the expression is not compositionally predictable.
Etymology
The term note of hand may come from the simple image of a short paper promise written and signed by a person's own hand. The note is the written promise and the hand shows the person's signature, which is why the phrase means a paper promise 'to pay'.