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Interest
(2,129 words)

[German version]

I. Ancient Orient and Egypt

The early Mesopotamian documents (24th-21st cents. BC) that refer to  loans and advances from institutional bodies to private individuals allow us to surmise that interest was calculated, though without our being able to make any observations about the rates of interest. Instead of being made to pay interest, the debtor was often obliged to undertake agricultural work for the creditor [10. 117]. In th…

Cite this page
Renger, Johannes (Berlin) and Andreau, Jean (Paris), “Interest”, 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 22 January 2021 <http://dx.doi.org/10.1163/1574-9347_bnp_e12217380>
First published online: 2006
First print edition: 9789004122598, 20110510



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