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promissory

[prom-uh-sawr-ee, -sohr-ee] /ˈprɒm əˌsɔr i, -ˌsoʊr i/
adjective
1.
containing or implying a promise.
2.
of the nature of a promise.
3.
Insurance. of or noting agreements or representations stipulating what is required to take place after the issuance of a policy.
Origin
1640-1650
1640-50; < Medieval Latin prōmissōrius. See promise, -tory1
Related forms
promissorily, adverb
nonpromissory, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for promissory
  • 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.
British Dictionary definitions for promissory

promissory

/ˈprɒmɪsərɪ/
adjective
1.
containing, relating to, or having the nature of a promise
2.
(insurance) stipulating how the provisions of an insurance contract will be fulfilled after it has been signed
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for promissory
adj.

mid-15c., from Medieval Latin promissorius, from Latin promissus, past participle of promittere (see promise (n.)). Promissory note recorded by 1670s.

Online Etymology Dictionary, © 2010 Douglas Harper
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17
18
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