promissory note

promissory note An unconditional written promise, signed by the maker, to pay absolutely and in any event a certain sum of money either to, or to the order of, the bearer or a designated person. ¡ª Also termed note of hand. [Cases: Bills and Notes 28¨C53. C.J.S. Bills and Notes; Letters of Credit¡ì¡ì 2¨C5, 7¨C9, […]