Definify.com
Webster 1913 Edition
Promissory
Prom′is-so-ry
,Adj.
Containing a promise or binding declaration of something to be done or forborne.
Promissory note
(Law)
, a written promise to pay to some person named, and at a time specified therein, or on demand, or at sight, a certain sum of money, absolutely and at all events; – frequently called a
note of hand
. Kent. Byles. Story.
Webster 1828 Edition
Promissory
PROM'ISSORY
,Adj.
1.
In law, a promissory note is a writing which contains a promise of the payment of money or the delivery of property to another, at or before a time specified, in consideration of value received by the promiser. In England, promissory notes and bills of exchange, being negotiable for the payment of a less sum than twenty shillings, are declared to be void by Stat 15. Geo.III.