promissory note Definition

promissory note

Definition

A document signed by a borrower promising to repay a loan under agreed-upon terms. also called note.

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promissory note is ...
... part of the Lending & Credit subject.

Related Terms

Bank Note -

collateral note -

cosigner - More

negotiable instrument, comaker, credit instrument, payee, time note, forfeiting, Bolsa Mexicana De Valores

promissory note appears in the definitions of these other terms on BusinessDictionary.com

contingent surplus note (CSN), principal on a note, commodity paper, recourse, credit instrument, and