Share this entry
promissory note Syllabification: prom·is·so·ry note
Pronunciation: /ˈpräːmisərēnōt/

Definition of promissory note in English:


A signed document containing a written promise to pay a stated sum to a specified person or the bearer at a specified date or on demand.
Example sentences
  • A modern version of the promissory notes is the sterling commercial paper or certificate of deposit.
  • The days when cash, a cheque or a promissory note were the only methods of payment have passed.
  • So against my counsel, Sid signed a promissory note for the $50,000 and opened up a second store in a new city.
Definition of promissory note in:
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove adverts and access premium resources