| 释义 |
promissory note A negotiable instrument that contains a promise to pay a certain sum of money to a named person, to that person's order, or to the bearer at a specified time in the future. It must be unconditional, signed by the maker, and delivered to the payee or bearer. They are widely used in the USA but are not common in the UK. A promissory note cannot be reissued, unless the promise is made by a banker and is payable to the bearer, i.e. unless it is a banknote. |