Note agreement
A contract for privately placed debt. |
Similar financial terms
U.S. Treasury noteU.S. government debt with a maturity of one to 10 years.
Promissory note
Written promise to pay.
Project notes (PNs)
Project notes are issued by municipalities to finance federally sponsored programs in urban renewal and housing and are guaranteed by the US Department of Housing and Urban Development.
Notes to the financial statements
A detailed set of notes immediately following the financial statements in an annual report that explain and expand on the information in the financial statements.
Note issuance facility (NIF)
An agreement by which a syndicate of banks indicates a willingness to accept short-term notes from borrowers and resell these notes in the Eurocurrency markets.
Note
Debt instruments with initial maturities greater than one year and less than 10 years.
Municipal notes
Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.
Money market notes
Publicly traded issues that may be collateralized by mortgages and MBSs.
Medium-term note (MTN)
A corporate debt instrument that is continuously offered to investors over a period of time by an agent of the issuer. Investors can select from the following maturity bands: 9 months to 1 year, more than 1 year to 18 months, more than 18 months to 2 years, etc., up to 30 years.
Liquid yield option note (LYON)
Zero-coupon, callable, putable, convertible bond invented by Merrill Lynch & Co.
Bank anticipation notes (BAN)
Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded long term through the sale of a bond issue.
Deposit Notes
A term deposit in a bank. Deposit notes, like medium-term notes, may serve as the basis for an equity or currency-linked risk management structure.
Equity-Linked Note (ELN)
An equity-linked note combines the characteristics of a zero or low coupon bond or note with a return component based on the performance of a single equity security, a basket of equity securities, or an equity index. In the latter case, the security would typically be called an equity index-linked note. Equity-linked notes come in a variety of styles. The minimum return may be nil with all of what would normally be an interest payment going to pay for upside equity participation. Alternatively, ...
No-shop agreement
The target company involved in merger or acquisition agrees not to consider other offers while negotiating with a particular bidder.
Tolling agreement
An agreement to put a specified amount of raw material per period through a particular processing facility. For example, an agreement to process a specified amount of alumina into aluminum at a particular aluminum plant.
Throughput agreement
An agreement to put a specified amount of product per period through a particular facility. For example, an agreement to ship a specified amount of crude oil per period through a particular pipeline.
Tax clawback agreement
An agreement to contribute as equity to a project the value of all previously realized project-related tax benefits not already clawed back to the extent required to cover any cash deficiency of the project.
Standstill agreements
Contracts where the bidding firm in a takeover attempt agrees to limit its holdings another firm.
Standby agreement
In a rights issue, agreement that the underwriter will purchase any stock not purchased by investors.
Smithsonian agreement
A revision to the Bretton Woods international monetary system which was signed at the Smithsonian Institution in Washington, D.C., U.S.A., in December 1971. Included were a new set of par values, widened bands to +/- 2.25% of par, and an increase in the official value of gold to US$38.00 per ounce.
Sale and lease-back agreement
Sale of an existing asset to a financial institution that then leases it back to the user.
Revolving credit agreement
A legal commitment wherein a bank promises to lend a customer up to a specified maximum amount during a specified period.
Repurchase agreement
An agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date. Also called a repo, it represents a collateralized short-term loan, where the collateral may be a Treasury security, money market instrument, federal agency security, or mortgage-backed security. From the purchaser (customer) perspective, the deal is reported as a reverse Repo.
Raw material supply agreement
As used in connection with project financing, an agreement to furnish a specified amount per period of a specified raw material.
Purchase agreement
As used in connection with project financing, an agreement to purchase a specific amount of project output per period.
Preferred stock agreement
A contract for preferred stock.
Bond agreement
A contract for privately placed debt.
Cash deficiency agreement
An agreement to invest cash in a project to the extent required to cover any cash deficiency the project may experience.
Concession agreement
An understanding between a company and the host government that specifies the rules under which the company can operate locally.
