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 filing also details several financial agreements, including convertible promissory notes and secured promissory notes, with various maturity dates and interest rates.
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Quartz Bot, Quartz, 17 Jan. 2025
The key provisions to negotiate in the letter of intent or term sheet include the following:
The price, and whether it will be paid in cash up front, or all or partly in stock (including the type of stock), and whether any of the purchase price will be deferred and evidenced by promissory notes.
—Allbusiness, Forbes, 11 Jan. 2025
Then in October distressed debt investors McCormick 101 and Beltway Capital of Maryland also announced an auction of the Greenbrier, to collect a remaining $20 million they were owed of a $140 million promissory note on which Justice had defaulted.
—Christopher Helman, Forbes, 10 Jan. 2025
The filing also details various financial agreements, including a working capital line of credit and promissory notes for single-family rental home construction.
—Quartz Bot, Quartz, 8 Jan. 2025
See all Example Sentences for promissory note 
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Quartz Bot, Quartz, 17 Jan. 2025
The key provisions to negotiate in the letter of intent or term sheet include the following:
The price, and whether it will be paid in cash up front, or all or partly in stock (including the type of stock), and whether any of the purchase price will be deferred and evidenced by promissory notes.
—Allbusiness, Forbes, 11 Jan. 2025
Then in October distressed debt investors McCormick 101 and Beltway Capital of Maryland also announced an auction of the Greenbrier, to collect a remaining $20 million they were owed of a $140 million promissory note on which Justice had defaulted.
—Christopher Helman, Forbes, 10 Jan. 2025
The filing also details various financial agreements, including a working capital line of credit and promissory notes for single-family rental home construction.
—Quartz Bot, Quartz, 8 Jan. 2025
See all Example Sentences for promissory note
Dictionary Entries Near promissory note
Cite this Entry
“Promissory note.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory%20note. Accessed 1 Feb. 2025.
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