Examlex
Which sentence uses idiomatic expressions appropriately?
Promissory Note
A financial instrument containing a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
Maker
In terms of financial instruments, the maker is the party that creates or issues the instrument, such as a check or promissory note.
Payee
The party in a financial transaction who receives payment.
Note Receivable
A written promise that entitles the holder to receive a specified amount of money from another party at a future date.
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