money lender etymology

Etymology

The word "moneylender" is derived from two words:

  • "Money" (from Middle English "monee," ultimately from Latin "moneta")
  • "Lender" (from Old English "lendan," meaning "to lend")

Meaning

A moneylender is an individual or organization that lends money to borrowers, usually at high interest rates.

Origin

The concept of moneylending has existed for centuries. In ancient Greece and Rome, moneylenders played a significant role in the economy. They often charged exorbitant interest rates, leading to widespread social unrest.

In medieval Europe, moneylending was often associated with the Jewish community. Jewish moneylenders were subject to persecution and discrimination in many societies.

During the Renaissance and early modern period, moneylending became more widespread and less associated with a particular religious group. However, the practice of charging high interest rates continued to be criticized.

In the 19th century, various laws and regulations were passed to regulate moneylending. These efforts aimed to protect borrowers from usurious interest rates and unfair practices.

Today, moneylending is a common practice in both developed and developing countries. Modern moneylenders use a variety of methods, including traditional banking, online platforms, and pawn shops.

money lender relate terms

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  • lend

    Etymology Middle English lenden from Old English lendan lendian of Germanic origin

  • money

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  • monitor

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  • mint

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  • counter

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  • capital

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  • cash

    Etymology Borrowed from Middle French cas from Old French chas of uncertain origin I

  • pecuniary

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  • specie

    Etymology The word specie derives from the Latin word species which means distinct

  • fine

    Etymology The word fine comes from the Latin word finis meaning boundary or end

  • investment

    Etymology of Investment The word investment derives from the Old French term investi

  • sacrament

    Etymology The word sacrament is derived from the Latin word sacramentum which origin

  • adversary

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  • pomp

    Etymology Latin pompa meaning procession parade Meaning A grand elaborate o