NOUN
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a promise to pay a specified amount on demand or at a certain time
I had to co-sign his note at the bank
How To Use promissory note In A Sentence
- His attorney recalled that he gave him a release in letter format from the promissory note indebtedness in exchange for receiving five Fieldway shares.
- Yesterday is an invalid cheque.Tomorrow is a promissory note and today is the only cash you have.
- The flood of credit will be increased this year by all the promissory notes Mr Yeltsin dished out on the campaign trail.
- Hatfield also devoted three and a half pages to the recording and valuation of book accounts, acceptances, and promissory notes.
- You still owe me a hundred pounds, and I have your promissory note to that effect.
- The judge held that certainly by the end of 1992, when applicants knew that their son was bankrupt, that their position was not protected and that the promissory note was worthless.
- The promissory notes were purchased for distribution to investors.
- Make sure the promissory note that the buyer signs is fully negotiable, that is, transferable to another party. In buyer's market, seller-financing might suit owner getting few offers
- Formal short - term receivables documented by a promissory note and a provision for interest.
- Then, there was a promissory note that his son-in-law, who handles all of his business, took over to Anna Nicole, and she ripped it up in what he called a drunken rage. CNN Transcript Mar 8, 2007