promissory note(redirected from Note (real estate))
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Written pledge to pay.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A written promise made by one party to make a stated payment in full by a certain date. A promissory note is a binding, legal contract.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
A binding contract—promise—to pay a definite sum of money to someone upon specified terms and conditions.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.