promissory note, n.Definitions

The Promissory note (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠worthless at the moment of crisis: no one has any use for it, everyone wants cash.

A Promissory note (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠capital that exists only as a future claim on surplus-value, and it is devalued when the revenues it was reckoned on fall.