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Definitions

promissory note

NOUN
written promise to pay
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Both Gary and his partner in the project, David Gentile, were sued in 2022 by investors who held promissory notes on Qello.

From The Wall Street Journal

The company has held talks with those investors — mainly hedge funds — about selling them interest-bearing promissory notes that convert into company stock, but nothing has come of them yet.

From New York Times

While it involves trustees, they will typically let you invest in items such as promissory notes, tax lien certificates, real estate and precious metals.

From Encyclopedia.com

If you are approved, you will be asked to sign a promissory note that keeps your loan active for 10 years after graduation.

From Encyclopedia.com

One way to bypass is to sign the promissory note for the property, but this involves a full credit check and approved financing.

From Encyclopedia.com