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 network then assigned a promissory note to TCT.
—
Liam Reilly, CNN Money, 2 July 2025
Fed up and realizing they had been promised the same investment opportunity, a handful of investors sued to force Grubbs into bankruptcy and stop him from issuing new promissory notes.
—Alexandria Burris, IndyStar, 28 May 2025
Generally, there is unlimited personal liability for the partnership’s contractual obligations, like promissory notes and mortgages.
—Kelly Phillips Erb, Forbes.com, 6 June 2025
Yes, a bond — whether sold by a government or a private business — is an IOU or promissory note.
—Edward Lotterman, Twin Cities, 1 June 2025
See All Example Sentences for promissory note
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Liam Reilly, CNN Money, 2 July 2025
Fed up and realizing they had been promised the same investment opportunity, a handful of investors sued to force Grubbs into bankruptcy and stop him from issuing new promissory notes.
—Alexandria Burris, IndyStar, 28 May 2025
Generally, there is unlimited personal liability for the partnership’s contractual obligations, like promissory notes and mortgages.
—Kelly Phillips Erb, Forbes.com, 6 June 2025
Yes, a bond — whether sold by a government or a private business — is an IOU or promissory note.
—Edward Lotterman, Twin Cities, 1 June 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 16 Jul. 2025.
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