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promissory
adjective
prom·is·so·ry
ˈprä-mə-ˌsȯr-ē
: containing or conveying a promise or assurance
Examples of promissory in a Sentence
Recent Examples on the Web
The transactions were documented in a series of promissory notes, detailed in an affidavit that surfaced in a dispute in US bankruptcy court in New Jersey on Tuesday.
—Ava Benny-Morrison, Fortune, 28 Dec. 2022
Bankman-Fried executed more than $1 billion from promissory notes for loans from Alameda.
—Bailey Schulz, USA TODAY, 14 Dec. 2022
Until then, Trump's company is on its own, paying staff, leases and other expenses from $36 million raised from sales of promissory notes last year and earlier this year.
—CBS News, 9 Sep. 2022
Beginning in 1988, Towers began selling more than $270 million worth of promissory notes, offering returns of up to 16 percent.
—Brian Murphy, Washington Post, 26 Aug. 2022
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Word History
Etymology
Middle English promissorye, from Medieval Latin promissorius, from Latin promittere
First Known Use
15th century, in the meaning defined above
Time Traveler
The first known use of promissory was
in the 15th century
Phrases Containing promissory
Dictionary Entries Near promissory
Cite this Entry
“Promissory.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory. Accessed 23 Dec. 2024.
Kids Definition
promissory
adjective
prom·is·so·ry
ˈpräm-ə-ˌsōr-ē
-ˌsȯr-
: containing a promise to pay
a promissory note
Legal Definition
promissory
adjective
prom·is·so·ry
ˈprä-mə-ˌsōr-ē
: containing or conveying a promise or assurance
promissory terms
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