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Sunday, December 22nd, 2024
the Fourth Week of Advent
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Bible Encyclopedias
Anatocism

Cyclopedia of Biblical, Theological and Ecclesiastical Literature

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(from ἀνά, upon, and τόκος, usury), a term applied to usurious contracts of such a nature that they bound the borrowers to pay interest upon the interest, or compound interest. Such contracts were condemned both by the canon and the civil law.

Bibliography Information
McClintock, John. Strong, James. Entry for 'Anatocism'. Cyclopedia of Biblical, Theological and Ecclesiastical Literature. https://www.studylight.org/​encyclopedias/​eng/​tce/​a/anatocism.html. Harper & Brothers. New York. 1870.
 
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