Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Promissory Note Promissory Note November 9, 2021 A written promise to pay a specified sum to specified person over a specified period of time.You Might Also Like: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas