What is the meaning of promissory?

Answer A promissory, a widely used legal term, is used to describe a particular type of agreement or contract between parties.DefinitionAny contract or agreement that contains or consists of a promise is ... Read More »

Top Q&A For: What is the meaning of promissory

What is the meaning of a promissory note?

Most lenders use some form of legal note to ensure repayment of loans. One of these is called a promissory note. For college students who use loans for their education, most lenders require a promi... Read More »

Is a promissory note a promissory estoppel?

Promissory estoppel is not a promissory note. Promissory estoppel occurs when a person relies on a promise and has an economic detriment due to the reliance on the promise. Due to the reliance on t... Read More »

What is a promissory note?

A promissory note is a promise to repay a debt, according to The note details the date that payments are due, along with specific terms agreed upon by the parties involved.The Basics... Read More »

What can void a promissory note?

A promissory note is generally void once the loan has been repaid in full or as agreed. The lender or judge, not the borrower, has the legal right to void a promissory note before the note expires ... Read More »