What does "noteholder" mean?
An entity holding a note, such as a promissory note.
noun ·3 syllables ·Rare ·Advanced level
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"9 per cent of Centro's existing issued securities were to be issued in mid-January to its 23 financiers, comprising Australian banks and US private placement noteholders, on a pro rata basis at market value."
"9 per cent of Centro's existing issued securities were to be issued in mid-January to its 23 financiers, comprising Australian banks and US private placement noteholders, on a pro rata basis at market value."
An entity holding a note, such as a promissory note.
Common synonyms include: holders.
9 per cent of Centro's existing issued securities were to be issued in mid-January to its 23 financiers, comprising Australian banks and US private placement noteholders, on a pro rata basis at market value.
From note + holder.