An agreement to spread your legs "freely" for someone who loans you money if you are unable to repay said loan after a designated length of time.
Da prob with a promiscory note, of course, is dat you have no guarantee dat da chick to whom you lent da money will keep her word about "letting you milk her", any more than you could count on her paying you back da money she borrowed.
by QuacksO March 10, 2019
Get the promiscory note mug.Not to be confused with Promissory Note. This is a medium to apologize for a promise that was not fulfilled. Usually implies a renewed promise to deliver.
I was waiting for a promised "Word of the Week", but it never came, now you owe me a Promisorry Note promising to deliver the Word of the Week and that you are truly sorry.
by ec_rod May 20, 2010
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Lending money is never a good idea, but it can be especially painful between family and friends, since their promisery notes can create tension in their amicable feelings if things do not proceed exactly as planned.
by QuacksO March 10, 2019
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