What is another word for note payable?
Pronunciation: [nˈə͡ʊt pˈe͡ɪəbə͡l] (IPA) 
Note payable refers to a legal document that commits the borrower to repay the borrowed amount within a certain period. It is also known as promissory note or IOU. Synonyms for the word "note payable" include debt instrument, loan note, bond note, and credit note. Debt instrument is a broader term that can include a variety of loans such as mortgage notes, commercial paper, and treasury bills. Loan note refers specifically to a note payable issued for a loan. Bond note is a type of loan note issued by a corporation or government entity. Credit note is a document used to record a refund or credit to a customer's account.
