promissory

adjective
prom·​is·​so·​ry | \ ˈprä-mə-ˌsȯr-ē How to pronounce promissory (audio) \

Definition of promissory

: containing or conveying a promise or assurance

Examples of promissory in a Sentence

Recent Examples on the Web Citing promissory estoppel, a doctrine that essentially legally enforces a promise, the court ruled in favor of Cosby. Areva Martin, CNN, 1 July 2021 Agents who sold the promissory notes told the investors that the insurance policy assets were protected because they were held by a collateral agent, Millstein’s suit says. Ron Hurtibise, sun-sentinel.com, 16 June 2021 Private student loans are governed largely by individual loan contracts and promissory notes between the borrower and lender, with a mix of state and federal regulation. Adam S. Minsky, Forbes, 19 May 2021 The investors purchased 34 promissory notes that represented 34 specific movies. Nathan Vardi, Forbes, 7 Apr. 2021 The transaction involves the transfer of 100% of the shares in the ScheduALL subsidiaries and is a cash and debt free deal amounting to a $6 million in a combination of $3m in cash and the remainder in promissory notes payable within 18 months. Mark Sparrow, Forbes, 24 Feb. 2021 Woodbridge used unlicensed representatives to issue promissory notes to investors in exchange for funds that backed money loans, the DORA release said. Kieran Nicholson, The Denver Post, 15 Jan. 2020 According to a Senate Finance Committee memo obtained by ProPublica, Justin received two promissory notes from his father in return for the shares. Anchorage Daily News, 2 June 2020 According to a Senate Finance Committee memo obtained by ProPublica, Justin received two promissory notes from his father in return for the shares. Justin Elliott, ProPublica, 2 June 2020

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.

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First Known Use of promissory

15th century, in the meaning defined above

History and Etymology for promissory

Middle English promissorye, from Medieval Latin promissorius, from Latin promittere

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Time Traveler for promissory

Time Traveler

The first known use of promissory was in the 15th century

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Dictionary Entries Near promissory

promissor

promissory

promissory note

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Statistics for promissory

Last Updated

14 Jul 2021

Cite this Entry

“Promissory.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory. Accessed 31 Jul. 2021.

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More Definitions for promissory

promissory

adjective
prom·​is·​so·​ry | \ ˈprä-mə-ˌsōr-ē How to pronounce promissory (audio) \

Legal Definition of promissory

: containing or conveying a promise or assurance promissory terms

More from Merriam-Webster on promissory

Nglish: Translation of promissory for Spanish Speakers

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