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Mutuum
(683 words)

[German version]

A. Historical development

The mutuum was a credit transaction (Loan). In addition to formal loans nexum ) there was also the informal mutuum, presumably from quite early on. In this, money was lent on short-term loan without charge, recallable at any time (cf. precarium ). If the recipient was not able to meet the demand for repayment, they were liable as in the case of embezzling another's money (aes alienum, as imprecise …

Cite this page
Gamauf, Richard (Vienna), “Mutuum”, 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 September 2021 <http://dx.doi.org/10.1163/1574-9347_bnp_e813560>
First published online: 2006
First print edition: 9789004122598, 20110510



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