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]
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Noun | 1. | ![]() 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 |
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