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The phrase "promissory notes" is correct and usable in written English
It is typically used in legal and financial contexts to refer to written promises to pay a specified amount of money to a designated person or entity at a future date. Example: "The bank requires that all loans be secured by promissory notes signed by the borrower."
Dictionary
promissory notes
noun
Plural of promissory note
synonyms
Exact(60)
Promissory notes, like dollar bills, are negotiable currency.
Milwaukee, $139.4 million of general obligation pension promissory notes.
Promissory notes were in use in Europe during the Renaissance.
Several promissory notes to vendors also became due immediately.
That box has nothing but promissory notes in it".
For example, years ago when banks made loans, they typically stored promissory notes in their vaults.
Foreclosed properties sold as investment pools are linked to promissory notes.
Promissory notes are often negotiable and may be secured by the pledge of collateral.
First, Mr Kenny wants an extension in the maturity of the promissory notes.
Merchant banks must seek permission from a committee of bankers before they call in promissory notes.
The capital it put into its banks is in the form of promissory notes, essentially IOUs.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com