promisedmoney

noun
UK /ˈprɒmɪst ˈmʌni/
US /ˈprɑːmɪst ˈmʌni/

Money that someone says they will give you later.

My dad owes me promised money for washing the car.


OTHER MEANINGS

2. Money set aside in a deal that will be paid when certain things happen.

The promised money for the new playground arrives next spring.

3. A gift of money someone has agreed to give but has not given yet.

She kept the promised money in a special envelope for her trip.

4. Money a company says it will pay to people who bought its shares.

Investors waited for the promised money from the sale.