promissory note
a written promise to pay a specified sum of money to a designated person, or to the bearer of the note, at a fixed time or on demand.
a written promise to do or provide something, usually presented as a gift and claimable when or however the recipient chooses.
Origin of promissory note
1Words Nearby promissory note
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use promissory note in a sentence
In the case of federal student loans, a borrower signs a promissory note agreeing to pay back the government and, ultimately, the taxpayers.
An unpaid promissory note is an executory contract, when paid it becomes an executed one.
Putnam's Handy Law Book for the Layman | Albert Sidney BollesIf she will not, and if the promissory note should fall in my way, my revenge will doubtless take total possession of me.
Clarissa, Volume 6 (of 9) | Samuel RichardsonIt is thus "a human document" of considerable value, as well as a promissory note of future performance.
From Plotzk to Boston | Mary AntinIn that event Mrs. Arnold's promissory note to Rabofsky would be worth no more than the value of the securities he held.
The Incendiary | W. A. (William Augustine) Leahy
In the case at bar, the defendant has given his promissory note to pay the plaintiff a sum of money on or before a certain day.
The Life of John Marshall Volume 4 of 4 | Albert J. Beveridge
British Dictionary definitions for promissory note
mainly US commerce a document, usually negotiable, containing a signed promise to pay a stated sum of money to a specified person at a designated date or on demand: Also called: note, note of hand
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Browse