English Bank note's, what do they really Promise?
476945
Originally, the value of money was determined by the intrinsic value of the material the money was made of, such as silver or gold. However, carrying around a lot of precious metal was cumbersome and often dangerous. As an alternative, banknotes would be issued.\n\nIn financial terms, a note is a promise to pay someone money. Banknotes were originally a promise to pay the bearer an amount of precious metal stored in a vault somewhere. In this way the stored value (usually in gold or silver coins) backing the banknote could transfer ownership in exchange for goods or services.
853237
I remind them...then qualify that "Time is my currency...and they can privide me with an address or their bank account number for me to withdraw the monies owed for my billable time that is being wasted...at that point they usually hang up......" They cannot keep up with verbal volleyball...\nAnd this: "Time is my Currency...Money only an Avenue...." ~ My Quote\nLoved your Question!!!...Thanks\nThumbs Up to You for this...I have had it a lot lately..timing is everything!\nlioncourt
463941
People swear because they wanted to get what they want.  Especially in borrowing money.  Some sweared to pay but forgot all about it after borrowing and spending it.  Thats why there's a saying  " Promises are made to be broken " the same way in swearing.
331671
.\n.\n.\nIn the beginning the Bank was the Government's banker; managing the Government's accounts and providing and arranging loans to the Government. It was also a commercial bank, dealing in bills - the then total equivalent of overdraft finance, furnishing finance for trade and took deposits and issued notes. The concept 'credit' or imaginary money' emerged during this period also. It was realised that money could take on new forms, possess no intrinsic value and yet still retain qualities to fulfil payment obligations. Therefore at the same time that the National Debt was born, paper money came into existence. \n\nDuring the 18th and early 19th centuries great demands were placed on the Bank for finance; the National Debt grew from £12 million in 1700 to £850 million by 1815, the year of Napoleon's defeat at Waterloo. However, in creating credit-issuing notes that were not fully backed by cash (gold) in hand, but were partly supported by credit given to the Government or by commerce - rendered itself liable to its depositors wanting all their money returned at once. The Bank therefore, needed to retain a prudent reserve of gold to ensure liabilities could be met on demand. This can be seen as the beginning of a policy of monetary stability. \n\nEventually, though, prudence and discretion proved insufficient. The Bank was the nation's bank, and at times of natural crisis its gold reserve was needed for national purposes.\n\n.\n.\n.\n\n1946: Bank of England nationalised\nNationalisation, after the Second World War, made little immediate practical difference to the Bank. The Bank remained the Treasury's adviser, agent and debt manager. During and for years after the war it administered exchange control and various borrowing restrictions on the Treasury's behalf. However, a revival of interest in monetary policy during the high inflation period of the seventies ultimately led to a re-evaluation of the role of the Bank of England.\n\n1997: Bank now responsible for monetary policy and the creation of the United Kingdom Debt Management Office\nIn 1997 the Government announced its intention to transfer full operational responsibility for monetary policy to the Bank of England. The Bank was given its independence as a central bank. Debt Management on behalf of the government was continued through the creation of the UK Debt Management Office, an executive agency of HM Treasury. The Bank's regulatory functions passed to the Financial Services Authority. ( http://www.dmo.gov.uk/bginfo/bofe.htm )
285309
Seems a bit of a daft situation and one theat needs to be looked at.\n\nBusinesses can refuse legal tender just as they can refuse to sell you anything at all. There is no obligation on a business to sell goods or provide a service (other than certain statutory ones).
288601
Do you mean promissary notes?  Like to houses?
210267
promised, promising, and promise
10636
you really cannot find note holders - but if you go to the local registry of deeds you can find lien holders.  you can be pretty sure if there is a mortgage on a property - there was also a note.  The mortgage wont tell you the terms of the note - but is can have some useful information -like loan amount, lender, address, etc.
989487
Bank Guarantee ( Also known as a Stand by Letter of Credit): in essence it guarantees the seller a certain amount of money in case transaction is not completed. This is usually only a small percentage of the value of the transaction. \n\nThe logic behind it, is that the seller invests time and resources, and other potential sales, when reserving product for his customer(buyer), if the buyer doesn't end up taking the product, he wants some form of compensation. A bank guarantee is basically that guarantee of compensation, if the transaction is not completed. If the transaction is completed then that bank guarantee cannot be cashed(also applies for service provision as opposed to just sale of product). \n\nThe opposite is known as a performance bond(guarantee for the buyer that the seller will perfrom/complete the transaction).\n\nDifference between purchase and lease:\nPurchase: You are owner of it from the beggining\nLease: You are not the owner of it, you are ownly using it!!!
304753
go to a book store and buy a copy of Official Guide to U S Paper Money. Or if you have just a few, don't even buy the book, just right down the pertinent information and go look it up in the book store. Condition is critial to the value. Generally, a note in good condition is worth about 10% of what a note in uncirulated condition is worth. I assume they are U S notes.
348827
Notes are promises to pay.  (Bank documents, for loans).  "Executed" only means they're "signed", that everybody who was supposed to sign on them in order to acknowledge the contents of the legal blah blah written all over the Notes, has done so.
796222
http://uk.finance.yahoo.com/q/cp?s=%5EFTSE
749507
why are wanting to know this? are you planning on writing a bum check?
1089848
True ... A cheque is a negotiable instrument, which can be further negotiated by means of endorsement and is payable on demand. So yes it is a demand negotiable instrument
1123820
Scottish issued bank notes have never been given a legal charter, so technically, they are illegal tender.\n\nHowever, most areas near to the Scottish border will accept these notes without trouble - the further south you go, the more difficult it can become, especially if you go to a small village where perhaps they have never seen a Scottish note.\n\nIf in any doubt, go to a local bank and exchange the notes for Bank of England notes (they're worth exactly the same).\n\nThe only notes which are now minted for Scotland are by\nBank of Scotland - Royal Bank of Scotland - Clydesdale Bank.\nAll the others (older issues) are no longer accepted.\n\nNote; you cannot force a retail outlet to accept the Scottish notes as legal tender.
102957
It's a scam. A rip-off. They will cheat you.\n\nThey are NOT laundering money. They want YOUR bank account information so they can steal from you.\n\nIt's that simple.
978683
It is called a Cheat Sheet in American English.  I think the British might be a Crib Sheet.  Hope this helps!