Adam Barone is an award-winning journalist and the proprietor of ContentOven.com. He has 5+ years of experience as a content strategist/editor. Suzanne is a content marketer, writer, and fact-checker.

A promissory note, in its simplest form, is an instrument by which a Borrower (the Maker) acknowledges its obligation to repay the Lender (the Payee). Historically, Lenders required Borrowers to enter ...

If you get a mortgage to buy a home, you will end up signing something called a promissory note. So what exactly is a promissory note? In the most basic terms, it’s a legal document you sign ...

Promissory notes are used in a variety of transactions and can be used by small business owners to fund business activities. If your lender requires you to sign the promissory note in your own name, ...

Cash might be considered king, but it isn’t realistic to pay cash for every purchase in your life, such as buying a home or paying for a large renovation project. When buying a house, you may want to ...

Deciding on the college or university of your choice and enrolling in that institution can be an exciting time, but it can also feel overwhelming with so much to plan and do before your first semester ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Eric's career ...

How to Account for a Promissory Note. A promissory note is a note issued against short- or long-term borrowing. The borrower, or maker, signs a note promising to pay the lender an agreed sum plus ...

If you get a mortgage to buy a home, you will end up signing something called a promissory note. So what exactly is a promissory note? In the most basic terms, it’s a legal document you sign ...

All of us know what does the term ‘loan or debt’ mean. A loan is a debt evidenced by an agreement which specifies, among other things, the principal amount, interest rate and date of repayment. In a ...