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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With M
  5. Medium-Term Note

Medium-Term Note

Definition of 'Medium-Term Note'

A document setting out a promise from a borrower to pay the holders a specified sumon the maturity date and, in many cases, a coupon interest in the meantime. Maturity can range from nine months to 30 years.

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Related Terms

Euro Medium-Term NoteMTNEuro Floating Rate NotePromissory NoteReverse Floating Rate NoteRolled-Over OverdraftFRNMatching PrincipleBondsBusiness AngelsExpectations Hypothesis of the Term Structure of Interest Rates (Yield Curve)Barter EconomyContract NoteFinancing GapFloating Rate NoteHyperinflationMedium CapMedium of ExchangeNominal ValueNote

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