Wherefore when a man giveth out his money upon condition…
“Wherefore when a man giveth out his money upon condition that be may not demand it back until a certain time to come, he certainly may take a compensation for this inconvenience which he admits against himself.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Borrowing money with delayed repayment can be compensated for the inconvenience caused to the lender.
In simple terms: Delay in repayment justifies a fee.
Key Takeaway
Charge reasonable interest for deferred payment.
Themes
finance
law
ethics
Mood
analytical
neutral
Type
legal
philosophical
When to use this quote
- personal loans
- business credit
- rent agreements
Key Concepts
interest
contractual fairness
Questions to Reflect On
- Is the compensation proportionate to the inconvenience?
- How does this affect trust between parties?
A Different Perspective
Compensation may be seen as exploitation if excessive.