What is another word for promissory note?

Pronunciation: [pɹˈɒmɪssəɹˌi nˈə͡ʊt] (IPA)

Promissory notes are a common financial instrument that people often use when borrowing or lending money. These are legal documents that promise repayment of a specified amount at a certain time. While the term "promissory note" is well-known, there are several synonyms that can be used to describe this type of financial instrument. Some of these include IOU, promise to pay, bond, debenture, note, and certificate of indebtedness. Each of these terms describes a similar financial agreement between two parties, with a promise of repayment in the future. Regardless of the term used, promissory notes are a crucial financial tool for many businesses and individuals.

Synonyms for Promissory note:

What are the hypernyms for Promissory note?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    financial instruments, negotiable instruments, debt instruments, finance documents, financial agreements, money contracts.

Famous quotes with Promissory note

  • Summer is a promissory note signed in June, its long days spent and gone before you know it, and due to be repaid next January.
    Hal Borland
  • Yesterday is a cancelled check. Today is cash on the line. Tomorrow is a promissory note.
    Hank Stram
  • Yesterday is a canceled check tomorrow is a promissory note today is the only cash you have -- so spend it wisely.
    Kay Lyons

Related words: promissory note definition, promissory note form, promissory note vs bond, promissory note meaning, promissory notes, promissory notes and instruments

Related questions:

  • What is a promissory note?
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