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I Need Help About Government Promissory Notes

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Elliesy | 09:21 Sun 15th Nov 2020 | Business & Finance
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What is government promissory notes? What is the used of this?
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https://www.legislation.gov.uk/ukpga/Vict/45-46/61/part/IV#:~:text=83%20Promissory%20note%20defined.,specified%20person%20or%20to%20bearer.
10:43 Sun 15th Nov 2020
Avatar Image barry1010
What country are you in? Government promissory notes are not common here in the UK but it could be argued that a bank note is a promissory note - after all, it says that it 'promises to pay the bearer'.

They are far more common in Nigeria
10:52 Sun 15th Nov 2020

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