promissory
adjective
prom·is·so·ry ˈprä-mə-ˌsȯr-ē 
: containing or conveying a promise or assurance
Example Sentences
Recent Examples on the Web Until then, Trump's company is on its own, paying staff, leases and other expenses from $36 million raised from sales of promissory notes last year and earlier this year. 
CBS News, 9 Sep. 2022 Beginning in 1988, Towers began selling more than $270 million worth of promissory notes, offering returns of up to 16 percent. Brian Murphy, Washington Post, 26 Aug. 2022 The maturity date for convertible promissory notes is often 18 or 24 months. Yec, Forbes, 25 Aug. 2022 The assets of the Trust included interests in various LLCs which held hundreds of millions of dollars of promissory notes and cash. Jay Adkisson, Forbes, 11 July 2022 Handler is suing for breach of contract and promissory estoppel. Charmaine Patterson, PEOPLE.com, 24 June 2022 The Bermuda fund invested in oil and gas royalties and other instruments through promissory notes. Mike Freeman, San Diego Union-Tribune, 27 May 2022 Soros also purchased two promissory notes worth about $100 million in Chinese EV maker Nio, said Gordon, who studied the government report Soros' fund filed. Jamie L. Lareau, Detroit Free Press, 19 May 2022 In addition, most of these students lack the necessary financial literacy to make informed decisions, though they are asked to sign complex promissory notes that could indebt them well into their adult lives. Jasmine Browley, Essence, 14 Feb. 2022 See More
CBS News, 9 Sep. 2022 Beginning in 1988, Towers began selling more than $270 million worth of promissory notes, offering returns of up to 16 percent. Brian Murphy, Washington Post, 26 Aug. 2022 The maturity date for convertible promissory notes is often 18 or 24 months. Yec, Forbes, 25 Aug. 2022 The assets of the Trust included interests in various LLCs which held hundreds of millions of dollars of promissory notes and cash. Jay Adkisson, Forbes, 11 July 2022 Handler is suing for breach of contract and promissory estoppel. Charmaine Patterson, PEOPLE.com, 24 June 2022 The Bermuda fund invested in oil and gas royalties and other instruments through promissory notes. Mike Freeman, San Diego Union-Tribune, 27 May 2022 Soros also purchased two promissory notes worth about $100 million in Chinese EV maker Nio, said Gordon, who studied the government report Soros' fund filed. Jamie L. Lareau, Detroit Free Press, 19 May 2022 In addition, most of these students lack the necessary financial literacy to make informed decisions, though they are asked to sign complex promissory notes that could indebt them well into their adult lives. Jasmine Browley, Essence, 14 Feb. 2022 See More Word History
Etymology
Middle English promissorye, from Medieval Latin promissorius, from Latin promittere
First Known Use
15th century, in the meaning defined above
Phrases Containing promissory
Legal Definition
promissory
adjective
prom·is·so·ry ˈprä-mə-ˌsōr-ē
: containing or conveying a promise or assurance
promissory terms