Notes payable are issued whenever bank loans are obtained.

应付票据一般是在获得银行贷款时签发的。

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A promissory note is regarded as notes receivable for the payee and notes payable for the maker.

本票对受款人来说是应收票据，对出票人来说则是应付票据。

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At stake is more than wounded pride: Caterpillar paid for ERA in cash and loan notes payable in 2013 and 2014, with the first payment due in April.

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Interest on the Seller Notes will be compounded semi-annually and will be payable in cash or in kind, at the election of the Purchaser, until the fifth anniversary of the Closing and in cash thereafter.

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