Words / P / Business

promissory

adjective/ˈprɒmɪs(ə)ri/

B2CEFR level
35/100Rarity: fairly common
TechnicalRegister

Containing or amounting to a written promise to pay a specified sum.

He signed a promissory note pledging to repay the bridging loan within ninety days.

Topic: Banking in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Banking