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

The deal will be funded with $20 million in cash and a $100 million promissory note due five years from closing, which will accrue 5% in annual interest.

From The Wall Street Journal • May 11, 2026

Keough’s lawsuit, which was reviewed by The Times, said Naussany Investments presented a deed of trust for Graceland and a standard promissory note to the estate via the Los Angeles County Superior Court in September.

From Los Angeles Times • May 23, 2024

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

From Reuters • Jan. 12, 2023

The simplest case of the discount function is the discount of a promissory note.

From Business English A Practice Book by Buhlig, Rose