Definition of Promissory note
1. Noun. A promise to pay a specified amount on demand or at a certain time. "I had to co-sign his note at the bank"
Generic synonyms: Certificate Of Indebtedness, Debt Instrument, Obligation
Specialized synonyms: Demand Note, Note Receivable, Note Payable, Municipal Note, Iou, Time Note
Definition of Promissory note
1. Noun. (finance) A document saying that someone owes a specific amount of money to someone else, often with the deadline and interest fees. ¹
¹ Source: wiktionary.com
Promissory Note Pictures
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Lexicographical Neighbors of Promissory Note
Literary usage of Promissory note
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-notes and by John Barnard Byles, Maurice Barnard Byles, Walter John Barnard Byles (1899)
"14 A PROMISSORY note, or, as it is frequently called, a note of hand, ... A promissory note is inchoate and incomplete until delivery thereof to the payee ..."
2. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1890)
"96, which was a suit to foreclose a deed of trust given to secure the payment of a promissory note on a named day, "with interest at the rate of six per ..."
3. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1911)
"Reversed and remanded. RE Wylie, for appellants. J. Harry Foster, for respondent GARY, AJ This Is an action on a promissory note, of which the following Is ..."
4. United States Supreme Court Reports by United States Supreme Court, Lawyers Co-operative Publishing Company, LEXIS Law Publishing (1911)
"Alleging it to be a promissory note of the Union Bank, payable to the order of Henry ... That said paper offered in evidence is not a promissory note, ..."
5. A Complete Collection of State Trials and Proceedings for High Treason and ...by Thomas Bayly Howell, William Cobbett by Thomas Bayly Howell, William Cobbett (1816)
"The Trial of WILLIAM HALES and THOMAS KINNERSLEY,* Clerk, for a Misdemeanor, for fraudulently forging a promissory note, &c. in the Name of Samuel Edwards, ..."
6. Reports of Cases Argued and Determined in the Courts of Exchequer by Great Britain Court of Exchequer, Great Britain Court of Exchequer Chamber, John Innes Clark Hare, Horace Binney Wallace (1849)
"The following instrument was held not to be a promissory note :—" Drury v. Vaughan. In consideration of W. Drury not taking any further proceedings in the ..."
7. Commentaries on the Laws of England by Herbert Broom, Edward Alfred Hadley, William Wait, William Blackstone (1875)
"An ordinary bank note is a promissory note, payable to bearer on demand, and passes from hand to hand by delivery, entitling the holder pro temp, to 4. ..."
8. The Law of Contracts by Samuel Williston, Clarence Martin Lewis (1920)
"Definition of a promissory note. TITLE m promissory noteS AND CHECKS ARTICLE I Section ... A negotiable promissory note within the meaning of this act is an ..."