Promissory: meaning, definitions and examples
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promissory
[ prəˈmɪs.ə.ri ]
legal context
Promissory refers to a type of written agreement in which one party promises to pay a specified amount to another party at a defined time in the future. This term is often used in finance and law to describe documents that signify a promise to repay a loan or a debt. It indicates the intention to carry out a specific obligation.
Synonyms
binding, commitment, obligatory.
Examples of usage
- A promissory note is a common financial instrument.
- He signed a promissory agreement for the loan.
- The promissory document clearly outlines the repayment terms.
Translations
Translations of the word "promissory" in other languages:
🇵🇹 promissório
🇮🇳 प्रतिज्ञात्मक
🇩🇪 Schuldverschreibung
🇮🇩 promissori
🇺🇦 поручительський
🇵🇱 obligacyjny
🇯🇵 約束の
🇫🇷 promissory
🇪🇸 promisorio
🇹🇷 taahhütname
🇰🇷 약속의
🇸🇦 تعهد
🇨🇿 promisorní
🇸🇰 promisorný
🇨🇳 承诺的
🇸🇮 obljubni
🇮🇸 loforð
🇰🇿 уәде беруші
🇬🇪 პროცესის
🇦🇿 öhdəlik
🇲🇽 promisorio
Etymology
The term 'promissory' originates from Middle English, derived from the Latin word 'promissorius,' which means 'pertaining to a promise.' The Latin root is 'promittere', meaning 'to send forth' or 'to promise.' Historically, the use of promissory notes can be traced back to ancient civilizations, where promises of repayment were often recorded in writing to facilitate trade and borrowing. Over time, these written promises became formalized in legal contexts, leading to the modern understanding of promissory instruments in finance and law.
Word Frequency Rank
Ranked #10,174, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.
- ...
- 10171 antibiotic
- 10172 unsuitable
- 10173 orifice
- 10174 promissory
- 10175 embassy
- 10176 spill
- 10177 warmed
- ...