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

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

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

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

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 …

Dec 11, 2025 · Adjective promissory (not comparable) Containing or consisting of a promise. (law, of a contractual provision) Stipulating the future actions required of the parties to an insurance …

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

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 …

Sep 2, 2025 · A promissory note is a written promise to repay money borrowed within a specified timeframe and interest rate. It is common for the borrower to pledge security in the event of …