promissory note vs note payable
note payable vs promissory notepromissory note and note payable both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| promissory note | Yes | No | No | No |
| note payable | Yes | No | No | No |
As nouns,
note payable is a hyponym of
promissory note; that is, note payable is a
word with a more specific, narrower meaning than
promissory note:
- promissory note: a promise to pay a specified amount on demand or at a certain time
- note payable: a note promising to pay a certain amount of money at a certain time
Other hyponyms of promissory note include
demand note, note receivable, municipal note, IOU, time note.
| promissory note (noun) | note payable (noun) |
|---|---|
| a promise to pay a specified amount on demand or at a certain time | a note promising to pay a certain amount of money at a certain time |
Words related to "promissory note"
Words related to "note payable"
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