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
Recent Examples on the Web
The amounts of the promissory notes were $1.2 million for Nunes, $4.9 million for Juhan, and $200,000 for Northwall.
—
Amanda Gerut, Fortune, 15 Apr. 2024
The company gave similar promissory notes to other executives, which automatically converted on the day of the merger into stock.
—Drew Harwell, Washington Post, 7 Apr. 2024
Mortgage documents: Keep the promissory note, deed of trust, proof of title insurance for the life of the loan.
—Jill Schlesinger, The Mercury News, 1 Apr. 2024
The information coming out of those meetings also suggest that depositors with higher amounts would only get promissory notes from the bank that would come due after two years.
—Antonio Maria Delgado, Miami Herald, 27 Mar. 2024
The social media company lost $10.6 million from its operations in the first nine months of 2023 after losing $23.2 million in 2022, and has been funding itself by borrowing $40.7 million through convertible promissory notes that can be paid back in stock.
—Helen Coster and Svea Herbst-Bayliss, USA TODAY, 22 Mar. 2024
Prosecutors said in the release that Liao suffered losses from trading cryptocurrency and tricked Zhang into signing a promissory note ordering him to pay nearly $800,000.
—Nicole Acosta, Peoplemag, 19 Mar. 2024
The biotech has historically funded its operations by issuing convertible promissory notes, private placements of its stock, the license agreement with J&J and a bank loan.
—Natallie Rocha, San Diego Union-Tribune, 18 Mar. 2024
Steven Allen, 42, of Detroit, was arraigned Monday on four felony charges — embezzlement, using a computer to commit a crime, forgery of bank bills/promissory notes and stealing or retaining without consent a financial transaction device, according to a news release Tuesday.
—Christina Hall, Detroit Free Press, 24 Jan. 2024
Amanda Gerut, Fortune, 15 Apr. 2024
The company gave similar promissory notes to other executives, which automatically converted on the day of the merger into stock.
—Drew Harwell, Washington Post, 7 Apr. 2024
Mortgage documents: Keep the promissory note, deed of trust, proof of title insurance for the life of the loan.
—Jill Schlesinger, The Mercury News, 1 Apr. 2024
The information coming out of those meetings also suggest that depositors with higher amounts would only get promissory notes from the bank that would come due after two years.
—Antonio Maria Delgado, Miami Herald, 27 Mar. 2024
The social media company lost $10.6 million from its operations in the first nine months of 2023 after losing $23.2 million in 2022, and has been funding itself by borrowing $40.7 million through convertible promissory notes that can be paid back in stock.
—Helen Coster and Svea Herbst-Bayliss, USA TODAY, 22 Mar. 2024
Prosecutors said in the release that Liao suffered losses from trading cryptocurrency and tricked Zhang into signing a promissory note ordering him to pay nearly $800,000.
—Nicole Acosta, Peoplemag, 19 Mar. 2024
The biotech has historically funded its operations by issuing convertible promissory notes, private placements of its stock, the license agreement with J&J and a bank loan.
—Natallie Rocha, San Diego Union-Tribune, 18 Mar. 2024
Steven Allen, 42, of Detroit, was arraigned Monday on four felony charges — embezzlement, using a computer to commit a crime, forgery of bank bills/promissory notes and stealing or retaining without consent a financial transaction device, according to a news release Tuesday.
—Christina Hall, Detroit Free Press, 24 Jan. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'promissory note.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Promissory note.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory%20note. Accessed 25 Apr. 2024.
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