promissory note
noun
: a written promise to pay at a fixed or determinable future time a sum of money to a specified individual or to bearer
Examples of promissory note in a Sentence
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Similarly, Intentionally Defective Grantor Trusts enable clients to sell assets to the trust in exchange for a promissory note, freezing asset value for estate tax purposes while transferring future appreciation out of the estate.
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Matthew F. Erskine, Forbes.com, 7 Apr. 2025
Similarly, Intentionally Defective Grantor Trusts enable clients to sell assets to the trust in exchange for a promissory note, freezing asset value for estate tax purposes while transferring future appreciation out of the estate.
—Matthew F. Erskine, Forbes.com, 7 Apr. 2025
The filing also details various financial agreements, including the early termination of a promissory note with Streeterville Capital, LLC.
—Quartz Intelligence Newsroom, Quartz, 25 Mar. 2025
The filing details various financing activities, including a $300,000 promissory note with an accredited investor and ongoing amendments to existing debt agreements.
—Quartz Intelligence Newsroom, Quartz, 14 Mar. 2025
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Matthew F. Erskine, Forbes.com, 7 Apr. 2025
Similarly, Intentionally Defective Grantor Trusts enable clients to sell assets to the trust in exchange for a promissory note, freezing asset value for estate tax purposes while transferring future appreciation out of the estate.
—Matthew F. Erskine, Forbes.com, 7 Apr. 2025
The filing also details various financial agreements, including the early termination of a promissory note with Streeterville Capital, LLC.
—Quartz Intelligence Newsroom, Quartz, 25 Mar. 2025
The filing details various financing activities, including a $300,000 promissory note with an accredited investor and ongoing amendments to existing debt agreements.
—Quartz Intelligence Newsroom, Quartz, 14 Mar. 2025
See All Example Sentences for promissory note
Cite this Entry
“Promissory note.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory%20note. Accessed 1 May. 2025.
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