Promissory note意思

A promissory note is a written promise to pay a certain amount of money to a specified person or the bearer of the note, at a specified future date or on demand. It is a financial instrument that serves as evidence of a debt. The person who signs the promissory note is the maker, and the person to whom the note is payable is the payee.

Promissory notes can be negotiable or non-negotiable, depending on their terms and conditions. A negotiable promissory note can be transferred to another person by endorsement and delivery, while a non-negotiable note cannot be transferred without the consent of the maker.

In summary, a promissory note is a legal document that outlines a promise to pay a sum of money to a named party, and it serves as a written and legally enforceable agreement between the maker and the payee.