Written Promise to Pay Crossword Clue daily Sugarru crossword written promise to pay crossword clue written promise to pay crossword clue

Written Promise to Pay Crossword Clue

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Written Promise to Pay Crossword Clue

This crossword clue might have a different answer every time it appears on a new New York Times Crossword Puzzle. Duplicate clue solutions are not entered twice so each answer you see is unique or a synonym.

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Possible answer:- PROMISSORY NOTE

What is PROMISSORY NOTE

A promissory note, sometimes referred to as a note payable, is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.

How legal is a promissory note?

Promissory notes are legally binding whether the note is secured by collateral or based only on the promise of repayment. If you lend money to someone who defaults on a promissory note and does not repay, you can legally possess any property that individual promised as collateral. 
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