Answer:
A promissory note Is a written promise to pay a specified amount of money at a certain date
Explanation:
A promissory note is a financial documents containing a written promise by one party, that is the issuer of the document or note to pay another party a particular amount of money, when it is demanded or at a particular date in the future. Such a note contains all the terms that has to do with the indebtedness, like the principal, interest rate, maturity date, the date the note was issued and signatures.
