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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
In the spring, some staffers received promissory notes in place of incentive pay. Madeline Fitzgerald, Quartz, 25 Sep. 2024 Federal student promissory notes, which contain applicable terms and conditions, specifically note that borrowers are entitled to student loan forgiveness under these programs. Adam S. Minsky, Forbes, 19 Sep. 2024 Rambo also frequently put his deals into writing, signing contracts and promissory notes with almost all of the investors who spoke to the Star-Telegram. Emily Brindley, Fort Worth Star-Telegram, 9 July 2024 Person, then an assistant coach at his alma mater, pocketed the bankroll with a promissory note to deliver top NBA prospects to Blazer, who would then become their business manager. Patrick Sauer, Washington Post, 26 July 2024 See all Example Sentences for promissory note 

Word History

First Known Use

1710, in the meaning defined above

Time Traveler
The first known use of promissory note was in 1710

Dictionary Entries Near promissory note

Cite this Entry

“Promissory note.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory%20note. Accessed 5 Nov. 2024.

Legal Definition

promissory note

see note

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