I've heard people talking about MTN investments recently and I'm curious to know more about it. Could someone please explain to me what a MTN investment is and how it works? I'd like to understand the basics before considering it as an investment option.
7 answers
Lorenzo
Tue Nov 19 2024
A note payable is a financial instrument that carries a specific maturity period.
Martino
Tue Nov 19 2024
Reading about this financial concept should take approximately four minutes.
Stefano
Tue Nov 19 2024
This particular note has a maturity duration ranging from five to ten years.
BlockchainBaronGuard
Tue Nov 19 2024
It signifies an obligation for the issuer to repay the principal amount along with any accrued interest to the holder at the specified maturity date.
SapphireRider
Tue Nov 19 2024
The note payable serves as a written promise or acknowledgment of debt.