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  2. Promissory note - Wikipedia

    en.wikipedia.org/wiki/Promissory_note

    A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), [1] subject to any ...

  3. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Promise to Repay Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will incorporate the following terms: Parties to contracts with their addresses; Definitions or interpretation provisions; Facility and purpose [a]

  4. Reaffirmation agreement - Wikipedia

    en.wikipedia.org/wiki/Reaffirmation_agreement

    A reaffirmation agreement in United States bankruptcy law refers to an agreement made between a creditor and the debtor that waives discharge of a debt that would otherwise be discharged in the pending bankruptcy proceeding. A properly executed, timely filed reaffirmation agreement modifies the discharge such that it is rendered inoperable ...

  5. Consideration under American law - Wikipedia

    en.wikipedia.org/wiki/Consideration_under...

    The promise to pay a debt discharged by bankruptcy, the promise to perform a conditional responsibility despite the nonoccurrence of the condition, and the promise to perform on a voidable contract form a category of moral obligations that can bind in the absence of consideration.

  6. Promise's flexible payment platform for government debts ...

    www.aol.com/finance/promises-flexible-payment...

    Promise works with utilities and government agencies to provide flexibility in payments for people who can't cover their whole water or electricity bill at once. The company has seen enormous ...

  7. Contract - Wikipedia

    en.wikipedia.org/wiki/Contract

    A bilateral contract is an agreement in which each of the parties to the contract makes a promise or set of promises to each other. [32] For example, in a contract for the sale of a home, the buyer promises to pay the seller $200,000 in exchange for the seller's promise to deliver title to the property.

  8. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    Outlined in the UCP 600, the bank will give an undertaking (or promise), on behalf of buyer (who is often the applicant) to pay the beneficiary the value of the goods shipped if acceptable documents are submitted and if the stipulated terms and conditions are strictly complied with. The buyer can be confident that the goods he is expecting only ...

  9. Credit agreements in South Africa - Wikipedia

    en.wikipedia.org/wiki/Credit_agreements_in_South...

    Credit - “Credit” means a deferral or delay of payment of a sum of money to another person, or a promise to pay money. Credit provider - A credit provider is the party who supplies goods or services (in terms of an instalment sale agreement, for example), or who pays money (in terms, for example, of a secured or unsecured money loan ...

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