Debt

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The Mosaic law encouraged the practice of lending (Deut 15:7; Ps 3726; Mt 5:42); but it forbade the exaction of interest except from foreigners. Usury was strongly condemned (Prov 28:8; Ezek 18:8, 13, 17; 22:12; Ps 155). On the Sabbatical year all pecuniary obligations were cancelled (Deut 15:1-11). These regulations prevented the accumulation of debt.


This entry includes text from Easton's Bible Dictionary, 1897.

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