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.

Once the ownership of a property has been verified, a sale involves a promissory contract with details of the property, purchaser, and vendor. The firm was fined for violating the ban on …

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.

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 …

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

promissory, adj. meanings, etymology, pronunciation and more in the Oxford English Dictionary

Nov 30, 2025 · A promissory note functions as a formal, written agreement that documents a debt obligation between two parties. This instrument establishes a clear, unconditional promise by …

Sep 23, 2024 · Understand the meaning of a promissory note, how it’s used, and its key components. Find out when you need a promissory note and how to create one.

The buyer signed a promissory agreement to pay the balance within one year. Failure to meet the conditions of the promissory contract may lead to legal consequences.