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

Word History

Etymology

Middle English promissorye, from Medieval Latin promissorius, from Latin promittere

First Known Use

15th century, in the meaning defined above

Phrases Containing promissory

• promissory note

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