An unconditional written promise made by one person to another, signed by the maker, that promises to pay on demand a specific sum of money to the bearer is a:

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A promissory note is a written promise made by one person to another, to pay a specific sum of money on demand or at a specific time. It is usually signed by the maker of the note and is a negotiable instrument that can be transferred to a third party. Bills of exchange and negotiable drafts are similar to promissory notes, but they involve three parties instead of two. A certificate of deposit is a type of savings account that pays interest and has a fixed term, but it is not a negotiable instrument.

An Unconditional Written Promise Made by One Person to Another