promissory note
6
7.0
- noun
- /ˈprɒmɪsəri noʊt/
- Specialized
:
pagaré
- Only the promissory note guarantees them a future.
- promissory note and credit
All a bond is is a formal promissory note.
- All a bond is is a formal promissory note.
- But what you have but, but in buying a promissory note, you buy an interest in the working capital of the Perth Mint.
- He called it a promissory note that had been limited in its application.
Examples
-
Every single one of you... every single one of you who voted for me holds my IOU, my promissory note.
-
The next day, he left for Malabo to cash the promissory note.
Fiction book (1996) -
What happened to that promissory note Mr. Lee gave us?
-
I have a promissory note for 5 million due the day after tomorrow.
-
Could you give me the promissory notes back?
-
Mr. Crawford asked, "Are promissory notes accepted as money?" Yes, the accountant admitted.
Blog text (9) -
A loan application, promissory note, and credit references were filled out, inspected, and approved.
Academic text (1998) -
At the same time, the banking system was hit by a crisis from dishonored promissory notes, primarily by big firms unable to pay their debts.
Academic text (2007) -
When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of independence, they were signing a promissory note To which every American was to fall heir.
-
I have a promissory note for 5 million due the day after tomorrow.
Synonyms
173
1.5
A paper bill used as money or a written promise to pay money
1
6.1
A document or digital record, like a bond, that shows someone owes money and when they must pay it back
1
7.1
A written promise to pay money when the lender asks
A written promise to pay a set amount of money when asked or at a fixed time
A written promise to pay a set amount of money on a future date
A written promise to pay money on a specific date
A written paper that shows a person owes money and promises to pay it back
How Negotiable
- Formal
- US
32
1.8
- Specialized
6
7.0
- Specialized
50
3.3
- Formal
Surface Forms
Morphology
The meaning is directly compositional: 'promissory' = containing a promise and 'note' = a written/financial instrument, so a learner who knows both constituents can infer a written promise to pay. This legal/financial compounding is common cross-linguistically (e.g., Spanish 'pagaré'), supporting immediate transparency for learners familiar with the parts.
Etymology
The noun promissory note comes from the simple image of a paper promise: promissory means 'promise' and note means 'a short written paper'. So it is literally a signed paper where someone promises to pay money later, and that is why it means 'a signed promise to pay'.