promissory

adjective
prom·​is·​so·​ry | \ ˈprä-mə-ˌsȯr-ē How to pronounce promissory (audio) \

Definition of promissory

: containing or conveying a promise or assurance

Examples of promissory in a Sentence

Recent Examples on the Web

The court dismissed all claims against both the Eiflers except for those of promissory estoppel and unjust enrichment against Eifler Jr., which may be retried. Andrew Wolfson, The Courier-Journal, "$13.4 million verdict reversed in business dispute between former St. X friends," 3 July 2019 The players' second claim is for promissory estoppel. Michael Mccann, SI.com, "Should the NCAA Be Worried About the Lawsuit It's Facing From Former Louisville Players?," 12 July 2018 The plaintiffs are also claiming breach of the implied covenant of good faith and fair dealing, promissory estoppel, tortious interference and declaratory judgment against Briggs and McLaughlin. Colin Stutz, Billboard, "Bishop Briggs' Former Manager & Producers File Lawsuit Claiming Breach of Contract," 13 Mar. 2018 Both loans have an issue date of Jan. 1, 2015, carry a 5 percent annual interest rate and are due in full on Jan. 1, 2019, according to a promissory note Jones filed with the attorney general's office. Zak Koeske, Daily Southtown, "State lawmaker's charity borrowed from political campaign, inconsistently filed reports," 25 Aug. 2017 Siskey’s activities first came under public scrutiny in 2004 when the the National Association of Securities Dealers disciplined him for selling promissory notes in two funds without disclosing his role to his employer. Rick Rothacker, charlotteobserver, "New lawsuit alleges Rick Siskey widow participated in Ponzi schemes," 22 Aug. 2017 The businesses gave $2.3 million worth of promissory notes in exchange for investments. Eric Heisig, cleveland.com, "Akron businessman charged in $2.6 million investment scheme," 26 July 2017 The Robert W. Moral who arranged the loan signed a promissory note for a nine-week course that cost $7,872, minus financial aid. Grace Schneider, The Courier-Journal, "Identity theft? High school dropout sees wages taken by government to repay student loan," 6 July 2017 To overcome state objections, Pueblo on March 14 issued a promissory note to PURA for $12.2 million, with the money committed specifically for the construction of the training facility. Aldo Svaldi, The Denver Post, "Pueblo’s tourism project pulled back from the brink," 18 May 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'promissory.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of promissory

15th century, in the meaning defined above

History and Etymology for promissory

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

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More Definitions for promissory

promissory

adjective
prom·​is·​so·​ry | \ ˈprä-mə-ˌsōr-ē How to pronounce promissory (audio) \

Legal Definition of promissory

: containing or conveying a promise or assurance promissory terms