Meaning of "Demand Promissory Note"

a signed document containing a written promise to pay a stated sum to a specified person or the bearer at a specified date or on demand.

promissory note

promissory note
n.
A negotiable written promise to pay a specified sum of money on demand or at a particular time.

promissory note

promissory note
n
(Banking & Finance) chiefly commerce US a document, usually negotiable, containing a signed promise to pay a stated sum of money to a specified person at a designated date or on demand. Also called: note or note of hand

prom′issory note′

prom′issory note′ n.
a written promise to pay a specified sum of money at a fixed time or on demand.
[1700–10]