Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

bought and sold notes

Two memoranda prepared by a broker to record the sale of a note. 0 The broker sends the bought note to the purchaser, and sends the sold note to the seller.

sold note

A written memorandum of sale delivered to the seller by the broker responsible for the sale, and usu. outlining the terms of the sale. See CONFIRMATION SLIP.