Medium-term government debt instruments, equivalent to bonds, usually with a maturity from two to five years, although usage varies according to market. For commercial borrowers notes usually have a much shorter term and can be comparable to Treasury bills, with maturities as short as three months.
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notes [plural]
► detailed information that you write down: take notes »
In any disciplinary meeting, it is always advisable to take notes.
make notes »I read through the notes I'd made at the conference.
»The keynote speaker gave his lecture without notes.
Main Entry: ↑note
Financial and business terms. 2012.