Definition of SOLD NOTE,


SOLD NOTE,

contracts. The name of an instrument in writing,
given by a broker to a buyer of merchandise, in which it is stated that the
goods therein mentioned have been sold to him. 1 Bell~s Com. 5th ed. 435 Story
on Ag. §28. Some confusion may be found in the books as to the name of
these notes; they are sometimes called bought notes. (q. v.)




Source: Bouviers Law Dictionary 1856 Edition

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