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单词 promissory note
释义

promissory note

Definition
Written, signed, unconditional, and unsecured promise by one party (the maker or promisor) to another (the payee or promisee) that commits the maker to pay a specified sum on demand, or on a fixed or a determinable date. Promissory notes (such as bank or currency notes) are negotiable instruments.

Use 'promissory note' in a Sentence

One friend gave to another friend a promissory note that he would pay for the barbecue grill he broke as soon as possible.
When you are making a big business acquisition it can be easier to use a promissory note than to pay in so much cash.
The United States dollar is a promissory note, because it is a guarantee that there is gold in the treasury to cover it.
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更新时间:2025/3/14 14:41:54