promissory note – מילון אנגלי-אנגלי
promissory note
written bill of financial obligation, IOU, written promise which obligates one to repay a loan
Promissory note
A
promissory note is a
legal instrument (more particularly, a
financial instrument), in which one party (the
maker or
issuer) promises in writing to pay a determinate sum of
money to the other (the
payee), 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.
promissory note
Noun
1. a promise to pay a specified amount on demand or at a certain time; "I had to co-sign his note at the bank"
(synonym) note, note of hand
(hypernym) debt instrument, certificate of indebtedness
(hyponym) demand note
Promissory note
Written promise to pay.
Promissory note
An unconditional, written and signed promise to pay a certain amount of money, on demand or at a certain defined date in the future. - (
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