How to Write a Binding Promissory Note. Learn what you need to include in a promissory note to make it legally binding. Whether your business is loaning money to someone or you are personally loaning money, when you write a binding promissory note, it is a legal contract between the lender and the borrower.ow to Write a Binding Promissory Note. Learn what you need to include in a promissory note to make it legally binding. Whether your business is loaning money to someone or you are personally loaning money, when you write a binding promissory note, it is a legal contract between the lender and the borrower.
Acquisition cost for equipment, for example, means the net invoice price of the equipment, including the cost of any modifications, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for which it is acquired.
DEFINITION of 'Cost Of Acquisition'. A business sales term referring to the expense required to attain a customer or a sale. In setting a marketing and sales strategy, a company must decide what the maximum cost of acquisition will be, which effectively determines the highest amount the company is willing to spend to attain each customer. Next Up.