A written note or letter in which one person promises to pay a certain amount of money to another at a definite time is known as a:

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A promissory note is a written promise by one party to pay another party a specific sum of money at a specific time or on demand. A cashier's check is a check drawn on the bank's own funds and signed by a cashier or teller, whereas a certified check is a personal check that has been verified and guaranteed by the bank. A demand draft is a type of check that is guaranteed by the bank and drawn on the bank's own funds, but it is typically used for remote payments or transfers rather than in-person transactions.

A Written Note or Letter in Which One Person Promises