promissory note(redirected from Demand Promissory Note)
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A negotiable written promise to pay a specified sum of money on demand or at a particular time.
(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
a written promise to pay a specified sum of money at a fixed time or on demand.
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|Noun||1.||promissory 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"|
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