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
The company has entered into an agreement with its sponsor to fund up to $360,000 in extension loans, evidenced by unsecured promissory notes, to extend the deadline for completing a business combination.
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Quartz Intelligence Newsroom, Quartz, 4 Apr. 2025
The American Federation of Teachers, a national labor union representing educators, filed a legal challenge last week, arguing that the administration was unlawfully preventing borrowers from accessing these programs that Congress and loan promissory notes require to be offered.
—Adam S. Minsky, Forbes.com, 27 Mar. 2025
Borrowers who want to apply for IDR plans, which federal law requires the Department of Education to offer and are also outlined in federal student loan promissory notes, cannot do so.
—Adam S. Minsky, Forbes, 25 Mar. 2025
The company has sought to raise additional capital through the issuance of Senior Convertible Preferred Stock and promissory notes, raising over $6 million in recent months.
—Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
See All Example Sentences for promissory note
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Quartz Intelligence Newsroom, Quartz, 4 Apr. 2025
The American Federation of Teachers, a national labor union representing educators, filed a legal challenge last week, arguing that the administration was unlawfully preventing borrowers from accessing these programs that Congress and loan promissory notes require to be offered.
—Adam S. Minsky, Forbes.com, 27 Mar. 2025
Borrowers who want to apply for IDR plans, which federal law requires the Department of Education to offer and are also outlined in federal student loan promissory notes, cannot do so.
—Adam S. Minsky, Forbes, 25 Mar. 2025
The company has sought to raise additional capital through the issuance of Senior Convertible Preferred Stock and promissory notes, raising over $6 million in recent months.
—Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
See All Example Sentences for promissory note
Cite this Entry
“Promissory note.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory%20note. Accessed 12 Apr. 2025.
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