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Interest
(2,119 words)

1. Background

The noun interesse (“interest”; from the Latin verb interesse, “lie between,” “be of importance,” “make a difference”), first attested c. 1100, goes back to formulations of Roman law that spoke of the compensation that a money lender was permitted to demand of a borrower in return for his own non-utilization of the money or as a value equalization [15]. Subsequently the legal and financial meaning narrowed to interest (German Zins), while in c…

Cite this page
Weber, Wolfgang E.J., “Interest”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 20 August 2019 <http://dx.doi.org/10.1163/2352-0272_emho_COM_031044>
First published online: 2015
First print edition: 20190124



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