Brill’s New Pauly

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Centesima
(225 words)

[German version]

In one particular sense indicates  interest of one hundredth of the sum advanced per month, i.e. after Caesar's reform of the calendar 12 per cent per year. Towards the end of the Republic, this is the maximum rate allowed by law, applying in all cases where there is a justifiable obligation to pay interest, unless a lower rate is agreed (from 1 per cent = uncia to 11 per cent = deunx per centesima in each case; Cic. Ad Att. 5,21,11). It is not impossible that the lex XII tab. (8,18) in effect laid down the same maximum annual rate (nam primo XII tabulis sanctum, ne quis unci…

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Gizewski, Christian (Berlin), “Centesima”, in: Brill’s New Pauly, Antiquity volumes edited by: Hubert Cancik and , Helmuth Schneider, English Edition by: Christine F. Salazar, Classical Tradition volumes edited by: Manfred Landfester, English Edition by: Francis G. Gentry. Consulted online on 28 March 2020 <http://dx.doi.org/10.1163/1574-9347_bnp_e230220>
First published online: 2006
First print edition: 9789004122598, 20110510



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