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Cyclopedia of Biblical, Theological and Ecclesiastical Literature

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(taken once and a half), that sort of usury which consisted in making loans at fifty percent interest. Being a grievous extortion and great oppression, it was condemned in the clergy by the councils of Nice and Laodicea, under the name of ἡμιολίαι; and also in laymen by the law of Justinian, which allows nothing above centesimal interest in any case. See Bingham, Christ. Antiq. 6, 2, 6. (See USURY).