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 classic literature ?
THE People being dissatisfied with a Democratic Legislature, which stole no more than they had, elected a Republican one, which not only stole all they had but exacted a promissory note for the balance due, secured by a mortgage upon their hope of death.
Then he recalled the scandal with a sharper, to whom he had lost money, and given a promissory note, and against whom he had himself lodged a complaint, asserting that he had cheated him.
Moss, the Colonel, then a bachelor, had been liberated by the generosity of his aunt; on the second mishap, little Becky, with the greatest spirit and kindness, had borrowed a sum of money from Lord Southdown and had coaxed her husband's creditor (who was her shawl, velvet-gown, lace pocket-handkerchief, trinket, and gim-crack purveyor, indeed) to take a portion of the sum claimed and Rawdon's promissory note for the remainder: so on both these occasions the capture and release had been conducted with the utmost gallantry on all sides, and Moss and the Colonel were therefore on the very best of terms.
No,' said Fledgeby; 'provided you have brought my promissory note in your pocket, and now hand it over.
Glegg her loan of five hundred pounds, it naturally occurred to him that he had a promissory note for three hundred pounds lent to his brother-in-law Moss; and if the said brother-in-law could manage to pay in the money within a given time, it would go far to lessen the fallacious air of inconvenience which Mr.
Godfrey a present of certain promissory notes of his (relating to former dealings) which were then in the money-lender's possession.
For howsoever bad the devil can be in fustian or smock-frock (and he can be very bad in both), he is a more designing, callous, and intolerable devil when he sticks a pin in his shirt-front, calls himself a gentleman, backs a card or colour, plays a game or so of billiards, and knows a little about bills and promissory notes than in any other form he wears.
Micawber, 'have I enjoyed a higher degree of satisfaction than in pouring my griefs (if I may describe difficulties, chiefly arising out of warrants of attorney and promissory notes at two and four months, by that word) into the bosom of my friend Copperfield.
This article addresses the federal transfer tax and income tax consequences that the client may incur if the principal amount or the interest rate of the promissory note issued by a grantor trust in an intrafamily installment sale is decreased.
The issue of a promissory note by the importer or the acceptance of a Bill of exchange by the exporter are means of accomplishing personal guarantee.
In support of its conclusion, it pointed to the following: (1) the existence of a promissory note calling for fixed annual payments; (2) the debt was secured by the taxpayer's real property and a mortgage was recorded in the local county recorder's office; and (3) Amoco routinely enforced the collection of promissory notes in the event retailers defaulted.
The Promissory Note is also repayable on demand at any time on or