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Debt
An amount of money borrowed by one party from another, often with the condition of repayment with additional interest.
Promissory Note
A written, legally binding promise to pay a specified sum of money to a designated party on demand or at a defined future date.
Negotiable
Capable of being transferred or modified through discussion or compromise.
Payment Date
The specific date on which a payment is due or is scheduled to be made, often related to financial transactions or obligations.
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