promissory

[ prom-uh-sawr-ee, -sohr-ee ]

adjective

1. containing or implying a promise.
2. of the nature of a promise.
3. Insurance. of or noting agreements or representations stipulating what is required to take place after the issuance of a policy.

promissory

/ ˈprɒmɪsərɪ /

adjective

1. containing, relating to, or having the nature of a promise
2. insurance stipulating how the provisions of an insurance contract will be fulfilled after it has been signed

Other Words From

• promis·sori·ly adverb
• non·promis·sory adjective

Word History and Origins

Origin of promissory¹

From the Medieval Latin word prōmissōrius, dating back to 1640–50. See promise, -tory ¹

Example Sentences

In the first three months of the year, Trump Media had a net loss of $327.6 million, with $311 million of it resulting from “noncash expenses arising from the conversion of promissory notes.”

From New York Times

People taking the U.S. government-coordinated flights must sign a promissory bill agreeing to reimburse the government.

From Seattle Times

He’s there only to sign a new promissory note with her employer borrowing more money against her labor, which is sex work.

From New York Times

The company has held talks with those investors — mainly hedge funds — about selling them interest-bearing promissory notes that convert into company stock, but nothing has come of them yet.

From New York Times

While it involves trustees, they will typically let you invest in items such as promissory notes, tax lien certificates, real estate and precious metals.

From Encyclopedia.com