promissory

adjective

prom·​is·​so·​ry ˈprä-mə-ˌsȯr-ē How to pronounce promissory (audio)
: containing or conveying a promise or assurance

Examples of promissory in a Sentence

Recent Examples on the Web The transactions were documented in a series of promissory notes, detailed in an affidavit that surfaced in a dispute in US bankruptcy court in New Jersey on Tuesday. Ava Benny-Morrison, Fortune, 28 Dec. 2022 Bankman-Fried executed more than $1 billion from promissory notes for loans from Alameda. Bailey Schulz, USA TODAY, 14 Dec. 2022 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

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'promissory.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Middle English promissorye, from Medieval Latin promissorius, from Latin promittere

First Known Use

15th century, in the meaning defined above

Time Traveler
The first known use of promissory was in the 15th century

Dictionary Entries Near promissory

Cite this Entry

“Promissory.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/promissory. Accessed 19 Mar. 2024.

Kids Definition

promissory

adjective
prom·​is·​so·​ry ˈpräm-ə-ˌsōr-ē How to pronounce promissory (audio)
-ˌsȯr-
: containing a promise to pay
a promissory note

Legal Definition

promissory

adjective
prom·​is·​so·​ry ˈprä-mə-ˌsōr-ē How to pronounce promissory (audio)
: containing or conveying a promise or assurance
promissory terms

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