a written promise to pay a specified sum of money to a designated person or to his or her order, or to the bearer of the note, at a fixed time or on demand.
a written promise to do or provide something, usually presented as a gift and claimable when or however the recipient chooses.
British Dictionary definitions for promissory note
promissory note
noun
mainlyUScommercea document, usually negotiable, containing a signed promise to pay a stated sum of money to a specified person at a designated date or on demandAlso called: note, note of hand
