Industry WIKI

The term "bank" is attributed to the tables used by "trapezitai", ancient Greek bankers, which provided currency exchange, money storage and loan services, facilitating trade. (See main article: History of Banking)

A promissory note, sometimes referred to as a note payable, is a financial instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to another (the payee), subject to any terms and conditions specified within the document.

The practices of ancient Roman finance, while originally rooted in Greek models, evolved in the second century BC with the expansion of Roman monetization. Roman elites engaged in private lending for various purposes, and various banking models arose to serve different lending needs.