When a corporation issues a promissory note to a lender, it signs a written agreement stating a promise to repay the money, along with interest, at a future date. The obligation to repay the debt will ...

A promissory note is a note issued against short- or long-term borrowing. The borrower, or maker, signs a note promising to pay the lender an agreed sum plus interest on a certain date, for value ...

Bonds and notes payable are two types of debt that companies can access to raise capital. Technically speaking, both are written agreements between the company and the lender defining how much will be ...