A promissory note is a binding agreement between a lender and a borrower. While they aren't necessarily complicated, it's essential to follow a simple promissory note sample and follow steps to make ...

Promissory notes, typically used to facilitate loans or compensation in the form of shares, can create legal and financial challenges when disputes arise between employers and employees. A recent ...

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 ...

On December 19, 2025, New York Governor Kathy Hochul signed into law Senate Bill S4070B, otherwise known as the Trapped at Work Act (“the Act”). The Act, an amendment to the New York Labor Law, bans ...

Text Callout : Key Takeaways - What Is a Promissory Note? Whether you're borrowing money from a financial institution or someone you know, a promissory note serves as a formal lending document.