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promissory notes

  • plural
    of promissory note.
    promissory note
    noun
    a written promise to pay a specified sum of money to a designated person, or to the bearer of the note, at a fixed time or on demand.

Example Sentences

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Both Gary and his partner in the project, David Gentile, were sued in 2022 by investors who held promissory notes on Qello.

From The Wall Street Journal Dec. 19, 2025

The company has held talks with those investors — mainly hedge funds — about selling them interest-bearing promissory notes that convert into company stock, but nothing has come of them yet.

From New York Times Jan. 22, 2024

Baston is accused of providing investors with promissory notes promising repayment plus a fee of up to 25% of the investment’s value.

From Washington Times Jun. 24, 2023

LDR claims that King sent promissory notes and loan documents to LDR agents that were fabricated.

From Los Angeles Times Feb. 22, 2023

The company made nothing and sold nothing: It existed to hold assets and provide a reference for anyone who became skeptical of Holmes’s promissory notes.

From "The Devil in the White City" by Erik Larson

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