Home >  Term: promissory note
promissory note

Written unconditional promise to pay, issued and signed by the debtor himself. The latter undertakes to pay on demand at a fixed or determinable future date a certain sum of money to the order of a specified person, or to bearer.

0 0

Creator

  • Stefan K
  •  (Gold) 3207 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.