Brill’s New Pauly

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Nautikon daneion
(465 words)

[German version]

(ναυτικὸν δάνειον/nautikòn dáneion; sea loan). The ND was a loan (dáneion) granted to a long-distance merchant (émporos) or ship's owner (naúklēros) at interest (ναυτικὸς τόκος, nautikós tókos) for the duration of a commercial voyage - either for a one-way voyage (ἑτερόπλουν δάνειον, heteróploun dáneion) or for a round trip (ἀμφοτερόπλουν δάνειον, amphoteróploun dáneion) - for which the ship or its freight was the bond ( hypothḗkē [1]). Egyptian documents show that guarantors assumed liability for the fulfilment of the agreement. The loan agreement ( syngraphḗ ), …

Cite this page
Schmitz, Winfried (Bielefeld), “Nautikon 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 28 May 2020 <http://dx.doi.org/10.1163/1574-9347_bnp_e818150>
First published online: 2006
First print edition: 9789004122598, 20110510



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