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Promissory note - Wikipedia


A promissory note is a legal instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable fut...

10. The amount of a promissory note is called the:


10. The amount of a promissory note is called the face value.

Promissory note legal definition of promissory note - Legal Dictionary

legal-dictionary.thefreedictionary.com/promissory note

Definition of promissory note in the Legal Dictionary - by Free online English ... ( variously called maker, obligor, payor, promisor) to pay a specific amount of ...

Promissory Note Comparison Guide - LegalZoom


A promissory note is valid only if it is a promise to pay money. ... The note must indicate a specific amount owed that will be paid. .... Also called a “note.” Secured  ...

What is the amount of a promissory note called and who is owed that ...


The "amount" can take two forms... the principal, and the balance. The principal is the amount of ... How do I sue someone over a $35,000 promissory note?

Promissory Note - Legal Dictionary | Law.com


promissory note. n. a written promise by a person (variously called maker, obligor , payor, promisor) to pay a specific amount of money (called "principal") to ...

Promissory Note Definition | Investopedia


A promissory note typically contains all the terms pertaining to the indebtedness by the issuer or maker to the note's payee, such as the amount, interest rate, ...

Notes Receivable - CliffsNotes


A simple promissory note appears below. The face value of a note is called the principal, which equals the initial amount of credit provided. The maker of a note  ...

Promissory Note - Amount, Pay, Promise, and Written - JRank Articles


A written, signed, unconditional promise to pay a certain amount of money on demand ... maker, and the person to whom payment is promised is called the payee or holder. If signed by the maker, a promissory note is a negotiable instrument.

Promissory Notes – An USLegal Topic Area


the person signing the note (called the maker) is agreeing that he will repay the ... is addressed and who is ordered to pay the amount of money specified in the ...