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Simple English definitions for legal terms
feneration
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A quick definition of feneration:
Term: feneration
Definition: Feneration refers to the act of lending money with interest, also known as usury. It was a common practice in ancient Rome, where it was called "fenus." In feudal societies, land was often granted in exchange for loyalty and service, and this system was known as feudalism. Feudal lords would often charge interest on loans, which was called "feodal."
A more thorough explanation:
Definition: Feneration refers to the act of lending money with interest, also known as usury. In Roman law, fenus meant simple interest.
Examples: A person who lends money to a friend and charges interest is engaging in feneration. Similarly, a bank that loans money to customers and charges interest is also practicing feneration.
These examples illustrate how feneration involves lending money with the expectation of receiving additional money in return, known as interest.