1. an unconditional order given in writing by one party (the transferee) to the other (the transferee) to pay a specified amount to the remitter on a specified or determinable date in the future. 2. A security which contains certain statutory elements, especially an unconditional undertaking or order by the drawer to pay a specified sum at a specified time at a specified place, and which gives the true owner of the note the right to demand such performance in accordance with the note.