What do you mean by company notes?

A company bill is a negotiable security that indicates that the drawer unconditionally promises to pay a certain amount by himself or by entrusting others. Bill is a kind of valuable securities, with a certain par value, indicating the ownership or creditor's rights of property. Whoever owns the bill has the right to obtain the amount recorded on the bill with the bill, just as whoever owns the company's stock owns the corresponding part of the company's property. The drawer promises to pay a certain amount to the holder at maturity. When issuing a bill of exchange, the drawer must bear the obligation to pay the amount recorded in the bill at maturity, and only by paying the amount can he be exempted from his obligation.