The meaning of PROMISSORY is containing or conveying a promise or assurance. How to use promissory in a sentence.

Feb 27, 2024 · What Is a Promissory Note? A promissory note is a written promise by one party (the note's issuer or maker) to pay another party (the note's payee) a definite sum of money, …

PROMISSORY definition: 1. relating to, containing, or similar to a promise: 2. relating to, containing, or similar to a…. Learn more.

A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or …

Promissory definition: containing or implying a promise.. See examples of PROMISSORY used in a sentence.

Sep 23, 2024 · What is a promissory note? Promissory notes may also be referred to as an IOU, a loan agreement, or just a note. It's a legal lending document that says the borrower promises …

Jan 6, 2025 · A promissory note is a legal document that illustrates a written promise between two parties—typically a borrower (the note’s “payee”) and a lender (the note’s “issuer” or …

promissory note An unconditional promise to pay a certain amount of money to a named party or the holder of the note, or to deposit that money as such persons direct. A promissory note …

2 meanings: 1. containing, relating to, or having the nature of a promise 2. insurance stipulating how the provisions of an.... Click for more definitions.

May 24, 2025 · The meaning of PROMISSORY NOTE is a written promise to pay at a fixed or determinable future time a sum of money to a specified individual or to bearer.