Promissory note

Negotiable instrument, wherein one party makes an unconditional promise in writing to pay a determinate sum of money to the other

Nº Q190122 ★★★

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Promissory note

Negotiable instrument, wherein one party makes an unconditional promise in writing to pay a determinate sum of money to the other

A promissory note, sometimes referred to as a note payable, is a financial instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to another (the payee), subject to any terms and conditions specified within the document.

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From Wikipedia

A promissory note, sometimes referred to as a note payable, is a financial instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to another (the payee), subject to any terms and conditions specified within the document.

Text: Wikipédia, CC BY-SA 4.0. · Image: Joanbanjo (CC BY-SA 3.0) ·

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