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n. a promissory note, a written statement of debt by one or more people to one or more people, with a statement of a specific amount owed or due, date it is due, interest (if any) on the amount, and other terms such as installments, penalty for late payment, full amount due if delinquent, how secured (as by real property), and attorneys' fees and costs if required to collect on the note.

See also: promissory note 

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The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications