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A replacement banknote, commonly referred to as a star note, is a banknote that is printed to replace a faulty one and is used as a control mechanism for governments or monetary authorities to know the exact number of banknotes being printed.
A note printed with a special symbol before the serial number, or with a special serial number prefix, used to replace notes damaged during the manufacturing process. US replacement notes are called Star Notes because a five pointed star is positioned at the beginning or end of the serial number.
A suffix of "r" is used for either a "remainder" (mostly 19th century incomplete printings) or a "replacement" note. A suffix of "p" is used for "proof" notes. A suffix of "s" is used for "specimen" notes. A suffix of "tc" is used for "trial color proofs". A suffix of "x" is used to denote certain varieties, such as counterfeits or errors.
A mortgage note comes with a promissory note, which is the borrower's promise to repay the loan. The promissory note spells out the loan details, as well as what could happen if it isn't repaid.
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For consumers, AI won’t eliminate the need for business professionals to work with a human financial planner, Donnelly says. But for those without a dedicated financial advisor, Lo has concerns.
A substitute check (also called an Image Replacement Document or IRD) [1] is a negotiable instrument that is a digital reproduction of an original paper check.As a negotiable payment instrument in the United States, a substitute check maintains the status of a "legal check" in lieu of the original paper check, as authorized by the Check Clearing for the 21st Century Act (the Check 21 Act).