MLchartDataset catalogue

Promissory notes

Term · Finance and investing · MLC-T-FIN-000291

Promissory notes are a form of debt that companies sometimes use to raise money. They typically involve investors loaning money to a company in exchange for a fixed amount of periodic income. Although promissory notes can be appropriate investments for many individuals, some fraudsters use promissory notes to defraud investors, especially the elderly.

Table 1. Record
IdentifierMLC-T-FIN-000291
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000291",
  "term": "Promissory notes",
  "field": "Finance and investing",
  "term_source": "Promissory Notes",
  "definition": "Promissory notes are a form of debt that companies sometimes use to raise money. They typically involve investors loaning money to a company in exchange for a fixed amount of periodic income. Although promissory notes can be appropriate investments for many individuals, some fraudsters use promissory notes to defraud investors, especially the elderly.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/promissory-notes/"
}

Record 291 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.