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DEFINITION of 'Deliverables'. A project management term for the quantifiable goods or services that will be provided upon the completion of a project. Deliverables can be tangible or intangible parts of the development process, and are often specified functions or characteristics of the project. Next Up.
Definition: A note payable is a liability in writing that promises to pay a specific amount of money at future date or on demand. In other words, a note payable is a loan between two entities. What Does Note Payable Mean? The maker of the note creates the liability by borrowing funds from the payee. The maker promises to pay the payee back with interest at a future date. The maker then records the loan as a note payable on its balance sheet.