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Learn more about Promissory Note

What is a Promissory Note?

A promissory note, sometimes referred to as a note payable, is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.


Sources: https://en.wikipedia.org/wiki/Promissory_note

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