promissory note

An unconditional written promise, signed by the maker, to pay absolutely and in any event a certain sum of money either to, or to the order of, the bearer or a designated person. — Also termed note of hand. [Cases: Bills and Notes 28–53. C.J.S. Bills and Notes; Letters of Credit§§ 2–5, 7–9, 11–16, 22–25, […]