The person or business to whom the signer of a promissory note promises a future payment is called the:

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The payee is the person or business to whom the signer of a promissory note promises a future payment. The drawer is the person who writes the check or promissory note, the principal party could refer to either the payee or the maker, and the maker is the person who signs the promissory note and promises to pay.

The Person or Business to Whom the Signer of a Promissory