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promissory note noun

  /ˈpɹɑmɪsɔɹiˌnoʊt/
  • (finance) A document saying that someone owes a specific amount of money to someone else, often with the deadline and interest fees; the primary purposes of a promissory note are to evidence the debt obligation incurred, and to establish terms for payment thereof.
 Eigenwechsel, Solawechsel
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