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Promissory note

//ˈpɹɑmɪsɔɹiˌnoʊt// noun

Definitions

Noun
  1. 1
    A document saying that someone owes a specific amount of money to someone else, often with the deadline and interest fees; the primary purposes of a promissory note are to evidence the debt obligation incurred, and to establish terms for payment thereof.

    "Near-synonym: IOU"

  2. 2
    a promise to pay a specified amount on demand or at a certain time wordnet

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