Encyclopedia of Early Modern History Online

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Interest (banking)
(1,037 words)

1. Definition and forms

The term interest (French intérêt; see Interest), in earlier Latin sources often called interesse, contrasts with German Zins – from Latin census, “valuation (of wealth),” “tribute.” Until well into the 18th century, it meant compensation for both the loan of money or movables (Loan for consumption [mutuum]) and the use of land or immovables (lease or rent interest, ground rent, rent charge; see Peasant property rights; Services, peasant), later it normally meant on…

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Denzel, Markus A., “Interest (banking)”, 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 23 September 2023 <http://dx.doi.org/10.1163/2352-0272_emho_COM_030794>
First published online: 2015
First print edition: 20190124

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