What is another word for demand note?
Pronunciation: [dɪmˈand nˈə͡ʊt] (IPA) 
A demand note is a written document that details an obligation to repay a loan or a debt. It is also commonly referred to as a promissory note. There are several synonyms that describe a demand note, including a payment note, IOU, promise to pay, and debt note. These words are used interchangeably to describe a financial agreement between two parties, where one party promises to repay a loan or debt to the other party at a specified date and time. Regardless of the term used, all of these words describe a legal document that binds the signatory to a specific financial obligation.
