Carlglendon19 Sep, 2022Business
A promissory note is a type of negotiable instrument issued by a borrower (the person who owes money) to a lender (the person who lends money). This is a written promise to pay a sum of money at some future date. A promissory note is often used to borrow money, although it may also be used to pay off debts. In some cases, the borrower promises to repay the loan plus interest over time.
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