promissory note

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Last week, 52% of the company was sold to media mogul Byron Allen for $120 million: $20 million in cash and the rest in the form of a promissory note due in five years.

From MarketWatch • May 20, 2026

Under what the lawsuit says was “immense pressure,” Kwatra signed a statement and a promissory note agreeing to repay the amount.

From The Wall Street Journal • Jan. 7, 2026

That includes a $1.1 billion promissory note that appears to be connected with liabilities DCG assumed from Genesis after the latter was hit hard by the collapse of Singapore-based crypto hedge fund Three Arrows Capital.

From Reuters • Jan. 10, 2023

All they needed to do was have their case manager submit a promissory note committing to pay the rent.

From Los Angeles Times • Dec. 13, 2022

If credit is granted, it takes the form of a book account or of a promissory note.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur