French[edit] From Middle French, from Old French -al, a Borrowing from Latin -Älis. Cognate to French -el, which is also from Latin -Älis but inherited (not borrowed). -al. -al (of or pertaining to; adjectival suffix appended to various words, often nouns, to make an adjective form.
Promissory Note is a written promise made by one person to pay certain sum of money due to another person or any other legal holder of the document. whereas A cheque is an unconditional order, in writing adressed by a customer, with signature, to the bank requiring it to pay on demand a certain sum of money to the order of a specified person or to the bearer.
A promissory note is written documentation of a debt. A promissory note is a promise made in writing to pay a debt. The note itself has the repayment terms, including total owed, interest rate and payment due date or repayment schedule.Promissory notes are usually used for debts not backed by the borrower's property, such as personal loans, and sometimes by investors lending money to a business.he note itself has the repayment terms, including total owed, interest rate and payment due date or repayment schedule. Promissory notes are usually used for debts not backed by the borrower's property, such as personal loans, and sometimes by investors lending money to a business.