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
Generally, there is unlimited personal liability for the partnership’s contractual obligations, like promissory notes and mortgages.
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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
The loans were promissory notes issued to Cavileer by Roski on behalf of Majestic.
—Kate Marijolovic, Fort Worth Star-Telegram, 24 May 2025
The basic mechanism involves the seller transferring the asset to a DST in exchange for a promissory note.
—Andre Pennington, Forbes.com, 21 May 2025
See All Example Sentences for promissory note
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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
The loans were promissory notes issued to Cavileer by Roski on behalf of Majestic.
—Kate Marijolovic, Fort Worth Star-Telegram, 24 May 2025
The basic mechanism involves the seller transferring the asset to a DST in exchange for a promissory note.
—Andre Pennington, Forbes.com, 21 May 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 19 Jun. 2025.
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