{"schema":"https://ver.cy/schemas/card/1.0.0","id":"vr.tr.note-possession","code":"thing-note-possession","url":"https://ver.cy/models/thing/note-possession/","name":"note","alternateNames":["promissory note","note of hand","demand note","note receivable","note payable","municipal note","time note"],"kind":"thing","status":"published","version":"0.2.0-wave.1","language":"en","classifiers":{"family":"Thing Registry","category":"Society, people and institutions","entryKind":"noun.possession","plane":"SOC","domain":["SOC.ECO"],"industry":[],"navPath":"","tags":[],"facets":{"substance":"social","origin":"conceptual","agency":"inert","mobility":"not-applicable","scale":"not-applicable","affordances":["observable"]}},"whatItIs":"A written promise to pay a specified amount on demand or at a set time, such as a promissory note, demand note or municipal note; notes receivable and payable appear in accounts.","purpose":"Let an agent explain promissory notes factually by parties, terms, legal requirements and accounting, without legal or financial advice.","scope":{"in":[],"out":[],"boundaries":[]},"distinguishingFeatures":["Unconditional promise to pay","Negotiable in many systems","Has formal requirements","Recorded as receivable or payable"],"structure":{"bundles":[{"id":"terms","name":"Terms","description":"Which note.","layers":[{"id":"parties","name":"Parties","description":"Maker and payee.","findings":[{"id":"parties-finding","name":"Parties","description":"Parties.","questions":[{"text":"Who promises to pay whom?","kind":"provenance"},{"text":"What amount and currency?","kind":"measurement"}]}]},{"id":"timing","name":"Timing","description":"Demand or term.","findings":[{"id":"timing-finding","name":"Timing","description":"Timing.","questions":[{"text":"Is it payable on demand or on a set date?","kind":"definition"},{"text":"What interest applies?","kind":"measurement"}]}]}]},{"id":"law","name":"Law","description":"Requirements.","layers":[{"id":"formalities","name":"Formalities","description":"Validity.","findings":[{"id":"formalities-finding","name":"Formalities","description":"Formal requirements.","questions":[{"text":"What formal elements does the law require, in general terms?","kind":"provenance"},{"text":"Is it negotiable?","kind":"definition"}]}]},{"id":"advice","name":"Advice","description":"No legal advice.","findings":[{"id":"advice-finding","name":"Advice","description":"Advice limit.","questions":[{"text":"Is the user asking about their own note or dispute?","kind":"boundary"},{"text":"How should the agent refer them?","kind":"action"}]}]}]},{"id":"accounting","name":"Accounting","description":"Records.","layers":[{"id":"recording","name":"Recording","description":"Receivable or payable.","findings":[{"id":"recording-finding","name":"Recording","description":"Recording.","questions":[{"text":"How is the note recorded in the accounts?","kind":"definition"},{"text":"Under which standard?","kind":"provenance"}]}]},{"id":"interest","name":"Interest","description":"Accrual.","findings":[{"id":"interest-finding","name":"Interest","description":"Interest accrual.","questions":[{"text":"How is interest accrued?","kind":"definition"},{"text":"Is impairment needed if unpaid?","kind":"boundary"}]}]}]},{"id":"senses","name":"Senses","description":"Disambiguation.","layers":[{"id":"other","name":"Other senses","description":"Banknote, music, memo.","findings":[{"id":"other-finding","name":"Senses","description":"Other senses.","questions":[{"text":"Is a banknote, musical note or written memo meant?","kind":"boundary"},{"text":"Which entry fits?","kind":"action"}]}]},{"id":"fraud","name":"Fraud","description":"Fake notes.","findings":[{"id":"fraud-finding","name":"Fraud","description":"Fraud.","questions":[{"text":"Could the note be fraudulent?","kind":"boundary"},{"text":"How can it be verified?","kind":"action"}]}]}]}]},"agentConduct":{"may":["Explain promissory notes and record them in accounts.","Track due dates and payments for the holder."],"mustNot":["Forge, alter or backdate a note.","Present a note as enforceable without legal review.","Disclose a person's debts to people not entitled to know."],"requiresHuman":["Signing, transferring or enforcing a note."]},"ethics":{"considerations":["Debt instruments can trap borrowers in unfair terms.","Forged notes defraud both parties."],"affectedParties":["Borrowers","Lenders","Guarantors"]},"owners":{"steward":"The holder of the note; the maker is bound to pay it.","roles":[],"masterSystems":[]},"relations":[{"target":"oewn-13419414-n","type":"parent","note":"registry parent class"},{"target":"financial instrument","type":"related","note":"category"},{"target":"debt","type":"related","note":"obligation"},{"target":"draft and bond","type":"related","note":"instruments"},{"target":"banknote","type":"related","note":"another sense"}],"interaction":{"identity":{"applicability":"required","items":["Vercy registry: vr.tr.note-possession","Open English WordNet: oewn-13419642-n"]},"properties":{"applicability":"not-applicable","items":[]},"recognition":{"applicability":"optional","items":["Maker, payee, amount, due date","Notes receivable and payable in accounts","Banknotes and musical notes are other senses","A written document stating amount, parties, date and terms."]},"capabilities":{"applicability":"required","items":["understand the parts of a note","check formal requirements in general terms","record notes in accounts","find professional advice"]},"hazards":{"applicability":"required","items":["Unclear terms causing disputes","Fraudulent notes","Agents giving legal advice"]},"interfaces":{"applicability":"required","items":["Geneva Uniform Law on Bills of Exchange and Promissory Notes (1930)","Negotiable instruments law such as UCC Article 3","Accounting standards"]},"context":{"applicability":"required","items":["Documenting loans and debts.","promissory notes","demand notes","term notes","municipal and commercial notes","notes receivable and payable"]}},"sources":[{"title":"Open English WordNet 2024, synset oewn-13419642-n","url":"https://en-word.net/id/oewn-13419642-n","note":"sense and gloss of the concept"},{"title":"Wiktionary: note","url":"https://en.wiktionary.org/wiki/note","note":"word senses and usage"}],"openQuestions":["Should note types be separate entries?","How should jurisdictional requirements be recorded?","How should other senses be split off?"],"resources":{"spec":"/models/things/publications/thing-note-possession/spec.json"},"provenance":{"origin":"thing registry research (pass 2)","builtFrom":["models/things/publications/thing-note-possession/spec.json"],"providers":["Claude"],"researchStatus":"unreviewed","generatedAt":"2026-09-11T09:19:58Z","builder":"tools/build_cards.py@1.0.0"},"completeness":{"sections":{"classifiers":"filled","whatItIs":"filled","purpose":"filled","distinguishingFeatures":"filled","structure":"filled","agentConduct":"filled","ethics":"filled","owners":"filled","relations":"filled","interaction.identity":"filled","interaction.properties":"not-applicable","interaction.recognition":"filled","interaction.capabilities":"filled","interaction.hazards":"filled","interaction.interfaces":"filled","interaction.context":"filled","sources":"filled"},"notes":{"_gate":"Published through the thing publication gate 1.0 on 2026-10-07T12:16:27+00:00: completeness 1.00; sense: WordNet gloss; 2 live sources; review by codex: pass","interaction.properties":"Plane SOC: no invented physical properties."},"score":1.0}}