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Simple English definitions for legal terms

montes pietatis

Read a random definition: adulterini

A quick definition of montes pietatis:

Montes pietatis were institutions that lent money to people who gave something valuable as a pledge. They were called "mountains of piety" because they were supposed to be charitable and help people in need.

A more thorough explanation:

Montes Pietatis

Montes Pietatis were institutions created to lend money to people who needed it. They would take items as collateral, or a promise to pay back the money.

For example, if someone needed money to pay for a medical bill, they could go to a Montes Pietatis and give them a valuable item, like a piece of jewelry, as collateral. The Montes Pietatis would then lend them the money they needed, and the person would have to pay it back with interest. If they couldn't pay it back, the Montes Pietatis would keep the item they gave as collateral.

Another example would be if a farmer needed money to buy seeds for their crops. They could go to a Montes Pietatis and give them some of their crops as collateral. The Montes Pietatis would lend them the money they needed, and the farmer would have to pay it back with interest. If they couldn't pay it back, the Montes Pietatis would keep the crops they gave as collateral.

These examples illustrate how Montes Pietatis worked by taking valuable items as collateral and lending money to people who needed it.

monstraverunt | Montevideo Treaty

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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