promissory note Definition in the Cambridge English Dictionary Cambridge dictionaries logo

Definition of “promissory note” - English Dictionary

"promissory note" in British English

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promissory notenoun [C]

uk   /ˈprɒm.ɪ.sər.iˌnəʊt/  us   /ˈprɑː.mɪ.sɔːr.iˌnoʊt/ specialized
a ​document that ​contains a ​promise to ​pay a ​statedamount of ​money to a ​statedperson either on a ​fixeddate or when the ​money is ​demanded
(Definition of promissory note from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"promissory note" in Business English

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promissory notenoun [C]

uk   us   ( abbreviation P-note, or P note) FINANCE
a ​legaldocument that contains a promise to ​pay a ​statedamount of ​money to a ​statedperson either on a ​fixeddate or when the ​money is ​demanded: Steiner signed a promissory ​notepledging to ​repay Williams $35,000 by ​Dec. 29, 2013.
(Definition of promissory note from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “promissory note”
in Chinese (Simplified) 本票,期票…
in Chinese (Traditional) 本票,期票…
What is the pronunciation of promissory note?
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