Outrageously Funny Search Suggestion Engine :: Promissor
What is the definition of Promissory? 🙋
👉 The term "promissory" is a legal term that refers to a promise or agreement between two parties. In contract law, a promissory note is a form of document used to establish a contractual relationship between two parties. The note typically contains terms such as the date and time of payment, interest rate, and other conditions precedent to the performance of the contract. Promissory notes are used in various industries, including construction, manufacturing, and real estate, where contracts are often made with
What is the definition of Promissor? 🙋
👉 In the context of finance, a "promissor" refers to an investor who buys stocks or other securities in anticipation of future price appreciation. This action is commonly used by investors as a hedge against potential losses due to market downturns. The term "promissor" is often associated with the concept of "buy low and sell high," where buyers buy at a discount to their purchase price, expecting it to appreciate over time.
