This link has been bookmarked by 12 people . It was first bookmarked on 23 Sep 2007, by pianoer.
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02 Jan 15
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22 Jun 14
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one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee)
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20 May 14
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promissory note is a legal instrument (more particularly, a financial instrument), in which one party (the mak
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promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable futur
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on demand of the payee, under spe
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itional and readily salable, it is called a negotiable instrument.[1]
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08 Jan 12
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25 Oct 11
Dante-Gabryell MonsonA promissory note is a negotiable instrument, wherein one party (the maker or issuer) makes an unconditional promise in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms.
Referred to as a note payable in accounting, or commonly as just a "note", it is internationally regulated by the Convention providing a uniform law for bills of exchange and promissory notes. Bank note is frequently referred to as a promissory note: a promissory note made by a bank and payable to bearer on demand. -
29 Jun 10
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23 Sep 07
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18 Jul 06
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