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Promissory Note (PN)[View]
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Promissory Note (PN) Financial Glossary

What is it? Promise to pay.

Finance Term Definition Added By: Ian

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Other Similar Finance Terms:

Financial Term Credit Limit is The maximum amount that can be charged to an account by a cardholder as determined by income and credit history.

Financial Term NASD is National Association of Securities Dealers.

Financial Term Unlimited cover is Buildings insurance paying out as much as necessary to rebuild your home (although some policies do have an upper limit).

Financial Term Variable Interest Rate is An interest rate that changes up or down on a set schedule based on an economic index such as the prime rate.

Financial Term Terminal Bonus is Additional bonus that may be paid when a claim arises under a with-profit policy, either at maturity or on death of the policyholder.