The meaning of PROMISSORY is containing or conveying a promise or assurance. How to use promissory in a sentence.

PROMISSORY definition: containing or implying a promise. See examples of promissory used in a sentence.

Jul 27, 2025 · Discover how promissory notes work, their types, benefits, and risks for both issuers and payees, ensuring you confidently navigate these financial instruments.

Sep 23, 2024 · Promissory notes may also be referred to as an IOU, a loan agreement, or just a note. It's a legal lending document that says the borrower promises to repay to the lender a certain amount …

Promissory notes are a common financial instrument in many jurisdictions, employed as commercial paper principally for the short time financing of companies.

PROMISSORY meaning: 1. relating to, containing, or similar to a promise: 2. relating to, containing, or similar to a…. Learn more.

A promissory note or warranty states how the provisions of an insurance contract will be fulfilled after it has been signed. The promissory warranty includes undertakings by the insured that something be …

Define promissory. promissory synonyms, promissory pronunciation, promissory translation, English dictionary definition of promissory. adj. Containing, involving, or having the nature of a promise.

In summary, "promissory" is a term that signifies a commitment or guarantee in a legal context. It’s about making promises that have legal implications, ensuring that everyone involved understands their …

Jan 6, 2025 · What is a promissory note? Learn how it works, and discover common examples and uses for this important financial document in various transactions.