promissory note

(redirected from Demand Promissory Note)
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promissory note

n.
A negotiable written promise to pay a specified sum of money on demand or at a particular time.

promissory note

n
(Banking & Finance) chiefly commerce US a document, usually negotiable, containing a signed promise to pay a stated sum of money to a specified person at a designated date or on demand. Also called: note or note of hand

prom′issory note′


n.
a written promise to pay a specified sum of money at a fixed time or on demand.
[1700–10]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.promissory note - a promise to pay a specified amount on demand or at a certain timepromissory note - a promise to pay a specified amount on demand or at a certain time; "I had to co-sign his note at the bank"
certificate of indebtedness, debt instrument, obligation - a written promise to repay a debt
demand note - a note payable on demand
note receivable - your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time
note payable - a note promising to pay a certain amount of money at a certain time
municipal note - a municipal debt instrument with a maturity of less than 2 years
IOU - an informal debt instrument; representing `I owe you'
time note - a note that specifies the time (or times) of repayment
Translations

promissory note

[ˈprɒmɪsərɪˌnəʊt] N (esp US) → pagaré m

promissory note

nSchuldschein m

promissory note

[ˈprɒmɪsərɪˌnəʊt‘] npagherò m inv
References in periodicals archive ?
On September 28, 2007, the Trust, as borrower, entered into a Demand Promissory Note (the "Demand Note") with JPMorgan Chase Bank, N.
Pursuant to the Assignment Agreement and in consideration for the assignment, the company has agreed to indemnify TelSoft from all liability, costs, expense and damage incurred in prosecuting the Action as at April 1, 1994, in the amount of $220,312 secured by a demand promissory note bearing interest at prime plus 2 percent per annum in favor of TelSoft.
TelSoft has agreed to sell to Sand River, subject to regulatory approval, a 100 percent interest in 12 mineral claims adjacent to the Sand River Property for TelSoft's cost of $33,370 in cash, secured by a demand promissory note bearing interest at prime plus 2 percent per annum in favor of TelSoft.