Outrageously Funny Word Dictionary :: 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

promissory