A promissory note is a written order to a bank to pay money to a specified person.

Name: A promissory note is a written order to a bank to pay money to a specified person.
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A promissory note is a financial instrument that contains a written promise by one party (the note's issuer or maker) to pay another party (the note's payee) a definite sum of money, either on demand or at a specified future date. It is not an order to a bank but a promise between the issuer and the payee.

A Promissory Note Is a Written Order to a Bank