Promissory note

Promissory Note definition:
An unconditional, written and signed promise to pay a certain amount of money, on demand or at a certain defined date in the future.

Promissory Note
n.A written promise made by oner person to another to pay certain amount of money on demand or at a specified time in the future.

Promissory note: A written document stating that a certain debt will be paid at a specified time or within a specified period of time. The note will bear the signature of the debtor and will state to whom and when the money will be paid.

PROMISSORY NOTE: A written document in which a borrower agrees (promises) to pay back money to a lender according to specified terms.

promissory note see note
property (fixture and non-fixture) in a real estate contract, the property is the land within the legally described boundaries and all permanent structures and fixtures.

promissory note
n. a person who puts together a business, particularly a corporation, including the financing.

promissory note: A written document that says that a person promises to pay money to another.
pronouncement of judgment: When the judge formally issues a judgment in a case.

Promissory note
An unconditional written and signed promise from the payor to a payee. It promises to pay a certain amount of money, on demand or at a certain defined date in the future.

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Promissory notes and bills of exchange are two primary types of negotiable instruments.
Promissory note ...

Promissory Note
A written promise to pay a sum certain at a specific time or on demand.
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note
n. a promissory note, a written statement of debt by one or more ...
notice
n. 1) information, usually in writing in all legal proceedings, o...

Definition
: a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money
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Promissory Note A negotiable instrument evidencing the existence of a promise to pay money. Promissory notes are intangible personal property, just like money, but they are not legal tender.

Demand letters are not always prerequisites for a legal suit but there are exceptions such as legal action on promissory notes or if the contract requires it.

Promissory note: Unconditional, written and signed promise to pay a certain amount of money on demand or at a certain defined date in the future. Unlike a bill of exchange, a promissory note is a promise - rather than an order - to pay.

Sometimes they are applied to distinct causes of actions, as upon several promissory notes; but it more frequently happens that the various counts introduced, do not really relate to different claims, ...

COMMERCIAL PAPER - Bills of exchange (drafts), promissory notes, bank checks, and other negotiable instruments for the payment of money, which are such instruments by virtue of their form.

Co-sign: To sign a promissory note or other obligation in order to share liability for the obligation.
Counterclaim: A demand by the defendant against the plaintiff asserting an independent cause of action in the same lawsuit.

Investor Protection Guide: Promissory Note Scam
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Intangible property: Property that represents only real value (i.e. bank accounts or promissory notes).
Irrevocable trust: A trust that cannot be changed after it has been established.
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CAMBIST
A person skilled in exchange; one who deals or trades in promissory notes or bills of exchange.... more
CAMERA STELLATA
Eng. law. The court of the Star Chamber, now abolished. ... more ...

Examples include checks and promissory notes. Negotiable instruments can be transferred from one person to another, as when you write "pay to the order of" on the back of a check and turn it over to someone else.

sum certain: Liquidated damages pursuant to contract, promissory note, law, etc.
summary judgment: a determination in an action on the grounds that there is no genuine issue of fact ...

Allonge
A piece of paper which has been attached to a contract, a check or any promissory note, on which to add signatures because there is not enough room on the main document.
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A type of financing in which the seller of a tangible item accepts a promissory note as a portion of the purchase price. This is also often called seller financing.
P&L
Profit and loss statement.

A popular designation of a due-bill or memorandum of debt. Consist's of those letters, a sum of money, and the debtor's signature. As it contains no direct promise to pay, it is not a promissory note, but a mere acknowledgment of indebtedness.

They were not permitted to make loans for longer periods than six months, or to advance upon mortgage, or on immovable property, or upon promissory notes bearing less than two independent names, or upon goods, ...

See also: Law, Person, State, Attorn, Attorney