promise to pay


promise to pay
An undertaking to pay. UCC § 3-102(1)(c).

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • promise to pay — index coverage (insurance) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • promise to pay another's debt — index guaranty Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • promise to pay the debt of another — See promise to answer for the debt, default, or miscarriage of another …   Ballentine's law dictionary

  • promise to pay when able — An acknowledgment sufficient for the purpose of creating a stated account only where there is an absolute assent to the amount. Kaunitz v Wheeler, 344 Mich 181, 73 NW2d 263 …   Ballentine's law dictionary

  • I promise to pay — The obligating phrase in a promissory note. 11 Am J2d B & N § 570. See I, we, or either of us …   Ballentine's law dictionary

  • promise — prom·ise n: a declaration or manifestation esp. in a contract of an intention to act or refrain from acting in a specified way that gives the party to whom it is made a right to expect its fulfillment aleatory promise: a promise (as to compensate …   Law dictionary

  • promise — A declaration which binds the person who makes it, either in honor, conscience, or law, to do or forbear a certain specific act, and which gives to the person to whom made a right to expect or claim the performance of some particular thing. A… …   Black's law dictionary

  • promise — / prɒmɪs/ noun an act of saying that you will do something ♦ to keep a promise to do what you said you would do ● He says he will pay next week, but he never keeps his promises. ♦ to go back on a promise not to do what you said you would do ● The …   Dictionary of banking and finance

  • pay — pay1 /pay/, v., paid or (Obs. except for defs. 12, 24c) payed; paying; n., adj. v.t. 1. to settle (a debt, obligation, etc.), as by transferring money or goods, or by doing something: Please pay your bill. 2. to give over (a certain amount of… …   Universalium

  • Pay-per-view — (often abbreviated PPV) is the system in which television viewers can purchase events to be seen on TV and pay for the private telecast of that event to their homes. The event is shown at the same time to everyone ordering it, as opposed to video …   Wikipedia


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