promissory note

promissory note

noun
1.
a written promise to pay a specified sum of money to a designated person or to his or her order, or to the bearer of the note, at a fixed time or on demand.
2.
a written promise to do or provide something, usually presented as a gift and claimable when or however the recipient chooses.

Origin:
1700–10
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Promissory note is always a great word to know.
So is doohickey. Does it mean:
the offspring of a zebra and a donkey.
a gadget; dingus; thingumbob.
Collins
World English Dictionary
promissory note
 
n
chiefly (US) commerce note, Also called: note of hand 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

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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