loan note
Debt securities or instruments. They may be offered by a buyer or bidder, often as an alternative to cash in a takeover and can be a useful method, subject to the satisfaction of certain conditions, of enabling a selling shareholder to defer any liability to capital gains tax (or corporation tax on chargeable gains) in respect of any gain arising on the share disposal.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • loan note — ➔ note1 * * * loan note UK US noun [C] ► BANKING, FINANCE a legal agreement between a lender and a borrower giving the period of the loan, interest payments, etc.: »The computer services group has bought its biggest rival in a £3.28m cash and… …   Financial and business terms

  • Loan Note — An extended form of an IOU from one party to another that enables a payee to receive payments (possibly with interest) over a set period of time, ending with the date at which the entire loan is to be repaid. Loan notes are usually provided in… …   Investment dictionary

  • loan note — A form of loan stock (see debenture) in which an investor takes a note rather than cash as the result of a share offer to defer tax liability. The yield is often variable and may be linked to the London Inter Bank Offered Rate Loan notes are not… …   Big dictionary of business and management

  • Construction Loan Note - CLN — A short term obligation in the form of a note, used for the funding of construction projects such as housing developments. In most cases, the note issuers will repay the note obligation by issuing a longer term bond and using the proceeds from… …   Investment 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

  • loan buyback — USA Loan buybacks refer to a borrower or its affiliate (including a sponsor) buying back part of the borrower s loan from less than all of the lenders in a loan syndicate at less than par value. Loan buybacks became prevalent in the early stages… …   Law dictionary

  • loan agreement — UK See facility agreement. + loan agreement USA Also known as a credit agreement. The main transaction document for a loan financing between one or more lenders and a borrower. It sets out the: • Terms of the loan …   Law dictionary

  • Loan words in Sri Lankan Tamil — came about mostly due contact between colonial powers and the native population. Linguists study a language s lexicon for a number of reasons. Languages such as Tamil with centuries of literature and multi cultural contact offer the chance to… …   Wikipedia

  • note purchase agreement — USA A contract for the sale and purchase of notes that allows a company (the seller) to raise money for general corporate purposes, to complete an acquisition or for other purposes. The purchaser invests in the company through the purchase of the …   Law dictionary

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