Promissory note: A written contract containing a promise to pay a definite amount of money at a definite future time.

A document signed by a borrower promising to pay a specific amount during a defined period of time to a lender. Treasury Bill: A short-term discounted security issued by the U.S. government, with a maturity of one year or less. S: (n) Treasury bill, T-bill (a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days) TREASURY BILL (T-BILL) is a government security that matures in one year or less. They are zero-coupon bonds that are sold at a discount of the par value to create a positive yield to maturity. Treasury bills are considered by many the most risk free investment. Treasury Bills are commonly issued with maturity dates of 91 days, 6 months, or 1 year. Stock Certificate: A document designating and verifying shareholder ownership in a corporation. a stock certificate (also known as certificate of stock or share certificate) is a legal document that certifies ownership of a specific number of stock shares (or fractions thereof) in a corporation. Bearer bond: Bearer bonds are bonds that are made payable to whoever holds them (called the bearer); these bonds are not registered. A bond that has no identification of the owner of the security. It is presumed to be owned by the bearer or the person who holds it. It was much sought after because of the ease of transferring or gifting. Govt. loan document: the documents the lender requires a borrower to sign before the lender will advance loan monies to the borrower. Documents that are required to be signed upon the closing of a loan. An example would be a purchaser agreement or a loan contract. Ex-dividend: Ex-dividend means a stock is trading without the rights to a declared dividend. When a company declares a dividend, it also sets a record date: only shareholders of record on that date receive the dividend. Once the record date is set, stock exchanges or the National Association of Securities Dealers sets an ex-dividend date, which is usually two business days before the record date. If an investor buys the stock on its ex-dividend date or after, the investor won't get the dividend. If an investor sells the stock after the ex-dividend date, the investor still gets the dividend. Cum-dividend: When a buyer of a security is entitled to receive a dividend that has been declared, but not paid. Bond washing: the practice of selling a bond before its dividend is due and buying it back later in order to avoid paying tax on the dividend