General Promissory Note Template

What is Promissory Note There are a number of financial instruments used in business transactions every day. These financial instruments help in making easy the dealing of money and funds between two or more parties. One very commonly used financial instrument is the promissory note. The promissory note is essentially a promise in the written form by a party to pay a specific sum of money to another party on demand or at a specified date and time. This note consists of all the terms and conditions that are related to the obligation of the issuer or creator of the…