Home/Investor Education/Basic Definitions/Promissory NotesPromisory Notes What is a Promissory Note? Promissory notes are a written promise to pay a specified amount to a specific entity at a specific time or upon demand, with or without interest. Promissory notes are presumed to be securities. For this reason, individuals purchasing or issuing promissory notes need to make sure the transaction complies with … Continue reading Promissory Notes