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 maker is the person who signs the promissory note and promises to pay. The principal party refers to the main parties involved in a transaction or contract, which could include both the maker and payee. The drawer is the person who writes a check.

The Person or Business to Whom the Signer of a Promissory