Discretionary deposit
id:
discretionary-deposit-270-2459839
title:
Discretionary deposit
text:
A discretionary deposit is the term given to a device by medieval European bankers as a method of circumventing Catholic canon law edicts prohibiting the sin of usury. At the time, most Christian nations heavily incorporated Biblical scripture into their laws, and as such it was illegal for any person to charge interest on a loan of money. The name comes from the workings of the device: a rich person would deposit a large sum with a bank. His name would be kept a secret, as a discretionary depos
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Discretionary_deposit
date created:
date modified:
2024-01-22T21:50:25Z
main entity:
{"identifier":"Q3705686","url":"https://www.wikidata.org/entity/Q3705686"}
image:
fields total:
13
integrity:
13