Definition
A Promissory Note is a financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
Usage and Context
A promissory note is a written promise to pay a specific amount of money at a future date.
Frequently asked questions
What is a promissory note?
A promissory note is a written promise to pay a specific amount of money either on demand or at a set future date.
Is promissory note a financial instrument?
Yes, a promissory note is a financial instrument that contains a written promise to pay a specific amount of money.
What is a promissory note Quizlet?
A promissory note is a written promise to pay a specified amount of money either on demand or at a set future date.
Related Software
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Benefits
A promissory note is a written promise to pay a specific amount of money either on demand or at a future date.
Conclusion
Promissory Note is a written promise to pay a specific amount of money at a future date.
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