(δάνειον; dáneion). The loan, limited assignment of fungible goods (in kind or money) was an everyday way of doing business throughout the regions inhabited by the Greeks. It took place between private individuals as well as in public life. The lenders were often banks or temples and the borrowers often states, which often also owed debts to private individuals (e.g. IG VII 3172: Orchomenus is indebted to Nicareta). This practise was generally known as daneion, but sometimes chrḗsis was used; the eranos loan is a special type. The daneion was set up with a fixed r…
Daneion(318 words)
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Thür, Gerhard (Graz), “Daneion”, 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 20 May 2022 <http://dx.doi.org/10.1163/1574-9347_bnp_e310720>
First published online: 2006
First print edition: 9789004122598, 20110510
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