promissory

IPA: prˈɑmʌsɔri

Containing or consisting of a promise.
(law, of a contractual provision) Stipulating the future actions required of the parties to an insurance policy or other business agreement.

Examples of "promissory" in Sentences

Colonel, or shall I make out a long-term promissory note?
The sellers agreed to accept a short-term promissory note from Weinstein.
The Government had appointed a committee to prepare legislation which would affect investments in short-term promissory notes,
The state will put euro 8.3 billion into Anglo Irish Bank, in the form of long-term promissory notes, but another euro10 billion may be required, Lenihan said.
The state will put 8.3 billion euros into Anglo Irish Bank, in the form of long-term promissory notes, but another 10 billion euros may be required, Mr. Lenihan said.
Warnings of risks connected with investments in short-term promissory notes had been directed at investors on different occasions by the Government, and this incident once again confirmed the precaution they should exercise when making investment decisions, Dr Alant said.
"No legislative powers exist at present to enable the authorities to monitor the activities of financial advisers or supervise the issuing of short-term promissory notes by companies in terms of the Companies Act." As a result of this, the Government has already, on the strength of findings and recommendations by the Jacobs Committee, appointed the Melamet Committtee with the request to prepare legislation which will be considered during the next