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 company has sought to raise additional capital through the issuance of Senior Convertible Preferred Stock and promissory notes, raising over $6 million in recent months.
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Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
The filing details a debt consolidation agreement with Steve Hall, consolidating various historic loans into a new promissory note with an outstanding balance of $2,113,886 as of December 31, 2024.
—Quartz Intelligence Newsroom, Quartz, 28 Jan. 2025
The filing also details several financial agreements, including convertible promissory notes and secured promissory notes, with various maturity dates and interest rates.
—Quartz Bot, Quartz, 17 Jan. 2025
The key provisions to negotiate in the letter of intent or term sheet include the following:
The price, and whether it will be paid in cash up front, or all or partly in stock (including the type of stock), and whether any of the purchase price will be deferred and evidenced by promissory notes.
—Allbusiness, Forbes, 11 Jan. 2025
See All Example Sentences for promissory note
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Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
The filing details a debt consolidation agreement with Steve Hall, consolidating various historic loans into a new promissory note with an outstanding balance of $2,113,886 as of December 31, 2024.
—Quartz Intelligence Newsroom, Quartz, 28 Jan. 2025
The filing also details several financial agreements, including convertible promissory notes and secured promissory notes, with various maturity dates and interest rates.
—Quartz Bot, Quartz, 17 Jan. 2025
The key provisions to negotiate in the letter of intent or term sheet include the following:
The price, and whether it will be paid in cash up front, or all or partly in stock (including the type of stock), and whether any of the purchase price will be deferred and evidenced by promissory notes.
—Allbusiness, Forbes, 11 Jan. 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 27 Feb. 2025.
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