contract note

contract note
1) A document containing details of a contract sent from one counterparty to the contract to the other.
2) A document sent by a stockbroker or commodity broker to a client as evidence that the broker has bought (in which case it may be called a bought note) or sold (a sold note) securities or commodities in accordance with the client's instructions. It will state the quantity of securities or goods, the price, the date (and sometimes the time of day at which the bargain was struck), the rate of commission, the cost of the transfer stamp and VAT (if any), and the amount due and the settlement date.

Big dictionary of business and management. 2014.

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  • contract note — securities version of a confirmation note. Dresdner Kleinwort Wasserstein financial glossary On the London Stock Exchange, on the day on which a bargain takes place a member firm must send to the client a contract note detailing the transaction,… …   Financial and business terms

  • contract note — /ˈkɒntrækt noʊt/ (say kontrakt noht) noun Stock Exchange a note issued by a broker to a client following the carrying out of the client s instructions, giving details of a purchase or sale of shares …  

  • contract note — / kɒntrækt nəυt/ noun a note showing that shares have been bought or sold but not yet paid for, also including the commission …   Marketing dictionary in english

  • contract note — / kɒntrækt nəυt/ noun a note showing that shares have been bought or sold but not yet paid for, also including the commission …   Dictionary of banking and finance

  • contract note — noun a certificate confirming the terms of a sale of specified assets or securities …   English new terms dictionary

  • contract note — ˈ ̷ ̷ˌ ̷ ̷ noun : a brief written announcement given by a factor or broker to his principal that he has bought or sold for his principal a certain amount of merchandise or securities at the terms specified …   Useful english dictionary

  • Note — Debt instruments with initial maturities greater than one year and less than 10 years. The New York Times Financial Glossary * * * ▪ I. note note 1 [nəʊt ǁ noʊt] noun 1. [countable] BANKING a piece of printed paper that is used as money; …   Financial and business terms

  • note — debt instruments with initial maturities ( maturity) longer than one year and shorter than 10 years. Bloomberg Financial Dictionary * * * ▪ I. note note 1 [nəʊt ǁ noʊt] noun 1. [countable] BANKING a piece of printed paper that is …   Financial and business terms

  • Contract — • The canonical and moralist doctrine on this subject is a development of that contained in the Roman civil law. In civil law, a contract is defined as the union of several persons in a coincident expression of will by which their legal relations …   Catholic encyclopedia

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