Relating to or containing a promise, particularly a written promise to pay a specific sum of money at a specified time or on demand. It often implies a legal obligation and trust between parties. This term is frequently associated with financial instruments like promissory notes, but its essence extends to any situation where a commitment is formally made. The credibility of the party making the promise is central to its promissory nature. It underscores the anticipation of future fulfillment based on present assurances.
Promissory meaning with examples
- The company issued a promissory note to the bank, guaranteeing repayment of the loan plus interest. The note legally bound them to these terms, protecting the lender's investment. Failure to fulfill the promissory agreement would result in significant financial repercussions, a risk both sides considered when engaging in the transaction.
- Her father's promissory words to always be there for her gave her immense comfort as she went off to college. Even though not written down, his commitment was the base of her comfort, reassuring her during challenging times, forming the basis of her trust in their relationship.
- The government's promissory declaration regarding tax cuts was met with cautious optimism from businesses. Investors were watching closely to see whether the policy changes were implemented, recognizing the promise would influence investment and economic growth as intended.
- A salesperson made several promissory statements about the product's benefits, influencing the customer's decision to buy it. However, later realizing the claims were exaggerated, it left the customer feeling cheated, highlighting the importance of truthful promissory conduct.
- The charity's website included a promissory statement that every dollar donated would directly support the community programs. This commitment built trust with donors, encouraging further giving, because the organization acted and continued to reflect its promissory pledges.
Promissory Synonyms
assuring binding committing contractual guaranteeing obligatory pledgingPromissory Antonyms
noncommittal non-promising unbinding undependable unreliable vaguePromissory Crossword Answers
4 Letters
NOTE