a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain Circular note historic definition... Circular note -- A note for a specified amount issued by a dealer in exchange and payable by any correspondent of the dealer. It is intended for the use of a traveler. A traveler purchases a number of these notes, say, for 10 each. The traveler indorses each as he presents it for payment. He is provided with a letter of indication which bears his signature and the signature on the note must correspond with the signature in the letter of indication. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.