Definition of promissory
: containing or conveying a promise or assurance
Recent Examples of promissory from the Web
The queries turned up the one-page loan application and promissory note.
PEI said the pending deal involves a $30 million cash payment and $46 million to be paid via non-amortizing secured promissory notes due 18 months from closing.
To overcome state objections, Pueblo on March 14 issued a promissory note to PURA for $12.2 million, with the money committed specifically for the construction of the training facility.
The defendants are accused of failing to fulfill duties and pay off a promissory note.
On April 10, less than three weeks before the event, EHL Funding made a multimillion-dollar loan to fund the Fyre Festival, according to a copy of the promissory note filed in connection with a lawsuit.
In one key ruling, Ron was ordered to pay off his $4.6 million promissory note.
PITTSBURGH (AP) — A Pittsburgh-area insurance agent has pleaded guilty in a promissory note scam that federal prosecutors say defrauded customers out of $8.2 million since 2002.
International service companies like Halliburton and Schlumberger are scaling back their operations as Venezuela’s state oil company struggles to pay its debts to them — as much as $25 billion — with a flurry of bonds and promissory notes.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'promissory'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of promissory
Middle English promissorye, from Medieval Latin promissorius, from Latin promittere
First Known Use: 15th centurySee Words from the same year
Legal Definition of promissory
: containing or conveying a promise or assurance promissory terms
Seen and Heard
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