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A loan note is a type of financial instrument; it is a contract for a loan that specifies when the loan must be repaid and usually also the interest payable. It is similar to a promissory note but the differences can be significant in terms of consequences, especially tax consequences. Chief of these is that by specifying the interest payable, the lender…
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loan note tax also interest payable may shield notes instruments contract start-ups type financial instrument specifies must repaid usually similar
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Loan note | is a | type of financial instrument | 0.90 | text |
| convertibility into equity or other kinds of debt | instance of | Loan notes may contain other provisions | 0.80 | text |
| in which case they are called | instance of | Loan notes may contain other provisions | 0.80 | text |
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