- (mainly US, business) a document, usually negotiable, containing a signed promise to pay a stated sum of
money to a specified person at a designated date or on demand Also called: note, note of hand
Example Sentences Including 'promissory note'
I've got your money," Sharpe pushed the promissory note into his pocket, `so all you need is this.
Most of the $30 million owed to Hollinger International arises from a promissory note bearing interest at 14.25 per cent.
The exchange trades foreign companies as American depository receipts, or ADRs, a kind of promissory note.
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