In old documents the first of the month
(TRISTES KALENDAE), on which the respective interest payments were due; in the case of loans to private households, the interest was always due monthly. Those who did not pay had to reckon with very harsh consequences. Roman law permitted not only child pledges and mortuary pledges but also the beheading of the debtor. – See Arrestgeld, Einzug, Existenzminimum, Faustpfand, Kredithai, Geldeintreibung, Kunde, fauler, Leibbürge, Leichenpfand, Übersatz, Wucher.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/