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municipal note vs promissory note

promissory note vs municipal note

municipal note and promissory note both are nouns.

Word NounAdjectiveVerbAdverb
municipal note Yes No No No
promissory note Yes No No No
As nouns, promissory note is a hypernym of municipal note; that is, promissory note is a word with a broader meaning than municipal note:
  • municipal note: a municipal debt instrument with a maturity of less than 2 years
  • promissory note: a promise to pay a specified amount on demand or at a certain time
Other hypernyms of municipal note include note, note of hand.
municipal note (noun) promissory note (noun)
a municipal debt instrument with a maturity of less than 2 years a promise to pay a specified amount on demand or at a certain time
Difference between municipal note and promissory note

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