promissory note (Meaning)

Wordnet

promissory note (n)

a promise to pay a specified amount on demand or at a certain time

He signed a promissory note, agreeing to repay the loan within a specified period.
The promissory note outlined the terms and conditions of the financial agreement.
She provided a promissory note to secure the purchase of the property.
The lender required a promissory note as evidence of the borrower's commitment to repay the debt.
The promissory note included details such as the principal amount, interest rate, and repayment schedule.
He defaulted on his promissory note, resulting in legal action by the creditor.
The promissory note served as a legally binding contract between the borrower and the lender.
She wrote a promissory note to formalize the repayment of the money borrowed from her friend.
The promissory note was notarized to ensure its validity and enforceability.
The bank accepted the promissory note as collateral for the business loan.

a promise to pay a specified amount on demand or at a certain time

folding money, draft,money order, paper money, cash, banknote, specie, sheqels, money, currency

No antonyms found.

He signed a promissory note, agreeing to repay the loan within a specified period.

The promissory note outlined the terms and conditions of the financial agreement.

She provided a promissory note to secure the purchase of the property.

The lender required a promissory note as evidence of the borrower's commitment to repay the debt.