concept
one-twelfth interest
also: unciario fenore, unciarium fenus
Interest capped at one-twelfth of the principal (about 8⅓% per year); later halved to one-twenty-fourth as the debt crisis dragged on.
concept
also: unciario fenore, unciarium fenus
Interest capped at one-twelfth of the principal (about 8⅓% per year); later halved to one-twenty-fourth as the debt crisis dragged on.