Promissory Note
Signed by the borrower, this legally binding document promises
repayment of the loan, listing, among other things, the
terms of how the loan must
be repayed and when it must be repayed by.
An unconditional promise in writing signed by one party engaging to pay on demand
or at a fixed or determinable time a sum certain in money to or to the order of
a specified person or to the bearer, but not legally binding until delivered to
the payee or bearer.
