promissory note

== English == === Pronunciation === (General American) IPA(key): /ˈpɹɑmɪsɔɹiˌnoʊt/ === Noun === promissory note (plural promissory notes) (finance) 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. Synonym: note payable Hypernyms: negotiable instrument < instrument, note Coordinate term: bill of exchange Near-synonym: IOU ==== Translations ==== ==== See also ====