promissory note
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.
The company said Wednesday that the Series F financing round includes $70 million in new capital and the conversion of $30 million in convertible promissory notes with accrued interest.
Under what the lawsuit says was “immense pressure,” Kwatra signed a statement and a promissory note agreeing to repay the amount.
In addition, AT Umbrella, which owns the operating subsidiaries, issued $350 million of promissory notes to the same insiders concurrent with the IPO, effectively another payout to them.
Both Gary and his partner in the project, David Gentile, were sued in 2022 by investors who held promissory notes on Qello.
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
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.