What does promissory note mean?

Definitions for promissory note
prom·is·so·ry note

Here are all the possible meanings and translations of the word promissory note.

Princeton's WordNet

  1. note, promissory note, note of handnoun

    a promise to pay a specified amount on demand or at a certain time

    "I had to co-sign his note at the bank"

Wiktionary

  1. promissory notenoun

    A document saying that someone owes a specific amount of money to someone else, often with the deadline and interest fees.

Freebase

  1. Promissory note

    A promissory note is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily salable, it is called a negotiable instrument. Referred to as a note payable in accounting, or commonly as just a "note", it is internationally defined by the Convention providing a uniform law for bills of exchange and promissory notes, although regional variations exist. Bank note is frequently referred to as a promissory note: a promissory note made by a bank and payable to bearer on demand. Mortgage notes are another prominent example.

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Numerology

  1. Chaldean Numerology

    The numerical value of promissory note in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of promissory note in Pythagorean Numerology is: 5

Examples of promissory note in a Sentence

  1. Kay Lyons:

    Yesterday is a canceled check tomorrow is a promissory note today is the only cash you have -- so spend it wisely.

Images & Illustrations of promissory note

  1. promissory notepromissory notepromissory notepromissory notepromissory note


Translations for promissory note

From our Multilingual Translation Dictionary

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