View synonyms for promissory note

promissory note

noun

a written promise to pay a specified sum of money to a designated person, or to the bearer of the note, at a fixed time or on demand.
a written promise to do or provide something, usually presented as a gift and claimable when or however the recipient chooses.

promissory note

commerce 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 callednotenote of hand

First recorded in 1700–10

An unpaid promissory note is an executory contract, when paid it becomes an executed one.

If she will not, and if the promissory note should fall in my way, my revenge will doubtless take total possession of me.

It is thus "a human document" of considerable value, as well as a promissory note of future performance.

In that event Mrs. Arnold's promissory note to Rabofsky would be worth no more than the value of the securities he held.

In the case at bar, the defendant has given his promissory note to pay the plaintiff a sum of money on or before a certain day.

April 23, 2024inveterate

[in-vet-er-it ]

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