1. A written statement by an individual to pay a sum of money to another individual, or the bearer of the note at a specified period in time. It is a compromise between two individuals. 2. A bond that matures in five years or less. 3. A bill of exchange issued by the notary public that is addressed to the payer in the event of nonpayment or nonacceptance . If the event occurs again, the notary public reserves the right to take legal action on the payer. 4. A small notification that will come of assistance at a later time.
Black’s Law Online Dictionary
