Promissy notes, in your legal enforceability, are somewhere between the informality of a debt certificate and the rigidity of a credit agreement. A debt voucher contains a specific promise of payment and the necessary steps (such as the repayment plan), while a debt certificate simply acknowledges that there is a debt and the amount that one party owes to another. A debt instrument, sometimes referred to as a „debt“, is a legal instrument (including a financial instrument and a debt instrument) in which one party (the manufacturer or issuer) undertakes in writing to pay a certain amount of money to the other (the beneficiary), either on a fixed or identifiable date or at the request of the beneficiary. under certain conditions. All principal and interest payments made under this Communication shall be made in legitimate money of the United States, without set-off, deduction or counter-claim, by transfer of immediately available funds to an account designated in writing by the Holder at least a few days after the effective date of this Communication or, if such designation is not made, by cheque to the holder , , or in another place that the holder may designate in writing. In these cases, the company has the option of applying to the bank for a short-term loan or entering into other short-term financial arrangements in order to avoid insolvency. .