Note Notice

A notice that a lender mails to borrowers notifying them that notes – securities they have invested in – have matured. The notice will include the amount due and maturity date. While there is no regulatory time frame for how far in advance a note notice must be sent out, standard notification time is at least 10 days prior to the note's maturity date.

Certificate of deposit (CD) holders will receive a note notice prior to their CD’s maturity date. CD investors have the option of withdrawing their funds (principal and interest) at maturity or reinvesting them in another investment vehicle. If customers do not withdraw their funds upon a CD's maturity, most banks will automatically renew the CD investment for the same term at the quoted current interest rate.


Investment dictionary. . 2012.

Look at other dictionaries:

  • notice — [ nɔtis ] n. f. • XIIIe « connaissance de quelque chose »; lat. notitia « connaissance », en bas lat. « registre, liste » 1 ♦ (1721) Préface d un livre dans laquelle l éditeur présente succinctement l auteur et l œuvre. Notice de l éditeur. 2 ♦… …   Encyclopédie Universelle

  • note — 1 n 1 a: a written promise to pay a debt; specif: promissory note in this entry bank note: a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money cog·no·vit note /käg nō vit , kōg /: a note in …   Law dictionary

  • notice — no·tice 1 n 1 a: a notification or communication of a fact, claim, demand, or proceeding see also process, service ◇ The requirements of when, how, and what notice must be given to a person are often prescribed by a statute, rule, or contract. b …   Law dictionary

  • note — [ nɔt ] n. f. • XIIe; lat. nota I ♦ 1 ♦ Signe qui sert à caractériser un son par sa forme (durée du son) et par sa place sur la portée (hauteur du son). Notes de musique. Figures de notes : les différentes formes des notes exprimant leur durée… …   Encyclopédie Universelle

  • Note — Note, n. [F. note, L. nota; akin to noscere, notum, to know. See {Know}.] 1. A mark or token by which a thing may be known; a visible sign; a character; a distinctive mark or feature; a characteristic quality. [1913 Webster] Whosoever appertain… …   The Collaborative International Dictionary of English

  • Note of hand — Note Note, n. [F. note, L. nota; akin to noscere, notum, to know. See {Know}.] 1. A mark or token by which a thing may be known; a visible sign; a character; a distinctive mark or feature; a characteristic quality. [1913 Webster] Whosoever… …   The Collaborative International Dictionary of English

  • Notice — No tice, v. t. [imp. & p. p. {Noticed}; p. pr. & vb. n. {Noticing}.] 1. To observe; to see; to mark; to take note of; to heed; to pay attention to. [1913 Webster] 2. To show that one has observed; to take public note of; remark upon; to make… …   The Collaborative International Dictionary of English

  • notice — [n1] observation apprehension, attention, care, cognizance, concern, consideration, ear, grasp, heed, mark, mind, note, observance, regard, remark, respect, thought, understanding; concepts 34,532 Ant. heedlessness, ignorance, neglect notice [n2] …   New thesaurus

  • note — [nōt] n. [OFr < L nota, a mark, sign, character, letter < notus, pp. of noscere, to know < gnoscere, to KNOW] 1. a mark of some quality, condition, or fact; distinguishing or characteristic feature, mood, tone, etc. [a note of sadness] 2 …   English World dictionary

  • note — [n1] symbol, often used in reference to music character, degree, figure, flat, indication, interval, key, lick*, mark, natural, pitch, representation, scale, sharp, sign, step, token, tone; concepts 262,284 note [n2] attention, heed cognizance,… …   New thesaurus

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