/ˈprɒm əˌsɔr i, -ˌsoʊr i/
containing or implying a
of the nature of a
of or noting agreements or representations stipulating what is required to take place after the issuance of a policy.
containing, relating to, or having the nature of a promise
stipulating how the provisions of an insurance contract will be fulfilled after it has been signed
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Draw up a promissory note and a repayment schedule with penalties.
He reviewed the disclosures during and after the application and combed through the promissory notes the lenders provided.
Promissory notes are a form of debt that companies sometimes use to raise money.
Escrow process involving the funding of the loan or the pur chase of the promissory note.
Failure to repay a loan according to the terms agreed to when you signed a promissory note.