Note

Note, notes, or NOTE may refer to:

Music and entertainment

Finance

Technology and science

Promissory note

A promissory note is a legal instrument (more particularly, a financial instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily salable, it is called a negotiable instrument.

Referred to as a note payable in accounting (as distinguished from accounts payable), or commonly as just a "note", it is internationally defined by the Convention providing a uniform law for bills of exchange and promissory notes, although regional variations exist. A banknote is frequently referred to as a promissory note: a promissory note made by a bank and payable to bearer on demand. Mortgage notes are another prominent example.

Overview

Promissory notes are a common financial instrument in many jurisdictions, employed principally for short time financing of companies. Often, the seller or provider of a service is not paid upfront by the buyer (usually, another company), but within a period of time, the length of which has been agreed upon by both the seller and the buyer. The reasons for this may vary; historically, many companies used to balance their books and execute payments and debts at the end of each week or tax month; any product bought before that time would be paid only then. Depending on the jurisdiction, this deferred payment period can be regulated by law; in countries like France, Italy or Spain, it usually ranges between 30 to 90 days after the purchase.

Banknotes of the pound sterling

Sterling banknotes are the banknotes in circulation in the United Kingdom and its related territories, denominated in pounds sterling (symbol: £; ISO 4217 currency code GBP).

Sterling banknotes are official currency in the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, and Tristan da Cunha in St Helena, Ascension and Tristan da Cunha. One pound is equivalent to 100 pence. Three British Overseas Territories also have currencies called pounds which are at par with the pound sterling.

In most countries of the world the issue of banknotes is handled exclusively by a single central bank or government, but in the United Kingdom seven retail banks have the right to print their own banknotes in addition to the Bank of England; sterling banknote issue is thus not automatically tied in with one national identity or the activity of the state. The arrangements in the UK are unusual, but comparable systems are used in Hong Kong and Macao, where three and two banks respectively issue their own banknotes in addition to their respective governments.

Jap

Jap is an English abbreviation of the word "Japanese." Today it is generally regarded as an ethnic slur among Japanese minority populations in other countries, although English-speaking countries differ in the degree to which they consider the term offensive. In the United States, Japanese Americans have come to find the term controversial or offensive, even when used as an abbreviation. In the past, Jap was not considered primarily offensive; however, during and after the events of World War II, the term became derogatory.

History and etymology

According to the Oxford English Dictionary, "Jap" as an abbreviation for "Japanese" was in colloquial use in London around 1880. An example of benign usage was the previous naming of Boondocks Road in Jefferson County, Texas, originally named "Jap Road" when it was built in 1905 to honor a popular local rice farmer from Japan.

Later popularized during World War II to describe those of Japanese descent, "Jap" was then commonly used in newspaper headlines to refer to the Japanese and Imperial Japan. "Jap" became a derogatory term during the war, more so than "Nip." Veteran and author Paul Fussell explains the usefulness of the word during the war for creating effective propaganda by saying that "Japs" "was a brisk monosyllable handy for slogans like 'Rap the Jap' or 'Let's Blast the Jap Clean Off the Map.'" Some in the United States Marine Corps tried to combine the word "Japs" with "apes" to create a new description, "Japes", for the Japanese; this neologism never became popular.

JA Prestwich Industries

JA Prestwich Industries, was an English manufacturing company named after founder John Alfred Prestwich, which was formed in 1951 by the amalgamation of J.A.Prestwich and Company Limited and Pencils Ltd.

History

John Prestwich, an engineer, commenced manufacture of scientific instruments in 1895, when he was 20, initially behind his father's house at 1 Lansdowne Road, Tottenham, London. By 1911 he had moved to new premises in Tariff Road, within the Northumberland Park area of Tottenham, London, and which still exists as of 2015. Prestwich was initially best known for his cinematography cameras and projectors He worked with S.Z. de Ferranti and later the cinema pioneer William Friese-Greene.

In about 1902 J.A.Prestwich and Company started the manufacture of motorcycle engines which were used in many famous motorcycle marques. The motorcycle engines were associated with racing and record success and were still used in speedway bikes well into the 1960s. Prestwich also made some engines for aeroplanes. In 1919 Prestwich formed Pencils Limited to exploit his invention of new machinery and the company made Master Pencils, also in Tariff Road. In the nineteen thirties engine production increasingly focused on small industrial and agricultural engines. During WWII Prestwich produced around 240,000 industrial petrol engines in support of the war effort, together with millions of aircraft parts, fuses, etc.