Publication Date
Spring 1984
Abstract
At the start of the Roman period, the epoch of the patrician tribes, families lived from the cultivation of the land; trade was insignificant. Loans were made for the purpose of surviving until the next harvest, which would be abundant enough to permit repayment of the loan. Thus, a loan would be made for less than one year. The creditor had power of life and death over his debtor, who, knowing that his life, or at least his liberty, was in danger, would hardly be likely to want a long-term loan.
Recommended Citation
Most, Kenneth S.
(1984)
"Loans of ancient Rome,"
Accounting Historians Notebook: Vol. 7:
No.
1, Article 9.
Available at:
https://egrove.olemiss.edu/aah_notebook/vol7/iss1/9