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Promissory note Moderate

Promissory note has 2 different meanings across 1 category:

Noun

Definitions
Noun
1

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

"I had to co-sign his note at the bank"

2

A document saying that someone owes a specific amount of money to someone else, often with the deadline and interest fees; the primary purposes of a promissory note are to evidence the debt obligation incurred, and to establish terms for payment thereof.

Related Terms
Broader Terms (hypernyms)
debt instrument
Narrower Terms (hyponyms)
demand note note receivable note payable municipal note IOU time note
Rhyming Words
bote pote dote mote kote gote cote lote tote rote note vote hote yote frote emote hyote scote wrote shote
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