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LSDefine

Simple English definitions for legal terms

banker's note

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A quick definition of banker's note:

A banker's note is a type of note that is used by banks. It is similar to a regular note, but it is issued by a bank and can be used as a form of payment.

A more thorough explanation:

A banker's note is a type of promissory note issued by a bank. It is a written promise to pay a specific amount of money to the bearer or a designated person on a specific date or on demand.

For example, if a business needs to borrow money from a bank, the bank may issue a banker's note to the business. The note will state the amount of money borrowed, the interest rate, and the repayment terms. The business will then be responsible for repaying the loan according to the terms of the note.

Another example is when a person deposits money into a bank account. The bank may issue a banker's note to the depositor as proof of the deposit. The note will state the amount of money deposited and the account number.

Banker's notes are commonly used in financial transactions and are considered a secure form of payment. They are often used in international trade to facilitate the exchange of goods and services between countries.

banker's acceptance | bank examiner

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20:07
I am semi proficient in spanish.
20:08
nice same. This sounds bad but I do not like how spanish sounds.
20:09
or english for that matter
20:09
There is nothing wrong with that. I like all the languages. It is tones that annoy me.
20:10
and fabrics
20:14
@GalenMeric: Sorry, tones is what I meant. Are you a wool fabric fan?
20:40
I think my only wool piece is my suits, and I like those quite a bit.
21:11
Wool is the best fabric
21:12
I only buy wool, denim, leather, and loop wheel cotton
21:31
@NemoPropheta: Im on that polyester, nylon, spandex, rayon, and fleece grind fam
21:32
jk but fr: I was watching how to fold dress shirts so they do not wrinkle, and the dude did his folding on a wool blanket so that the wool fibers grabbed the cotton shirt (like velcro), that is smart asf
21:32
That is smart
21:33
I want a weatherwool blanket
21:33
But I hang my shirts but Ive heard arguments against it
21:34
Generally I fold knitwear and hang everything else
21:35
Cant wait to get that big law money and spend it all on clothes 🙏
21:37
@NemoPropheta: his point was to protect the collar at all costs, therefore fold most shirts. I HATE when collars be acting out, so I will adpot his method: https://www.youtube.com/shorts/QaVKudd36zc?feature=share
21:38
oh fr wearin a suit is so fun t. someone who wears a suit seldomly
21:40
Yeah that makes sense, I do hate when my collar stick out at the sides, I cant figure out how to iron them so they maintain their shape
21:48
collar stays may be the answer. also, shirt stays are goated
21:50
@NemoPropheta: those look so nice, but i feel like one spec of dirt or one crease will ruin ur week, even if the money means nothing?
23:18
Idk I like worm i
23:19
bruh
23:19
I like worn in leather, and dirt is easy enough to clean off*
OrangeThing
23:27
Am I still muted on here
OrangeThing
23:27
Oh I guess not
OrangeThing
23:27
Hello all
f$ll to MarqU baby
Ur-
0:34
@OrangeThing: Welcome back Renard99
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