Recent Examples of promissory note from the Web
Unlike debt instruments, these bonds resemble promissory notes backed by the nation’s central bank, which allow donors to pay political parties with banks as an intermediary.
Lacking the ability to pay him cash, the board agreed to give Moore a promissory note worth $393,000 that Moore could cash in on demand, documents show.
But signing a promissory note means your payments are picked up by credit bureaus.
One Equity Trust client used his I.R.A. funds to issue a promissory note, so his friend could acquire a property to start a group home for veterans suffering from post-traumatic stress.
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First Known Use of promissory note
PROMISSORY NOTE Defined for English Language Learners
Definition of promissory note for English Language Learners
business : a written promise to pay an amount of money before a particular date
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