How medieval Italian bankers grew rich making interest-free loans /

In the 14th and 15th centuries, religion and law in Western Europe often prohibited the practice of usury--defined as the charging of any interest on loans. Many international bankers, who were predominantly Italian, made money by charging interest in circuitous ways. They also monetized the goodwil...

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Bibliographic Details
Main Author:	Adhia, Nimish (Author)
Format:	eBook
Language:	English
Published:	London : SAGE Publications: SAGE Business Cases Originals, 2019.
Series:	SAGE Knowledge. Cases. SAGE research methods. Cases.
Subjects:	Banks and banking > Europe > History > Medieval, 500-1500 > Case studies. Economic history > Medieval, 500-1500 > Case studies. Accounting > Europe > History > Medieval, 500-1500 > Case studies. Money > Europe > History > Medieval, 500-1500 > Case studies. Histoire économique > 500-1500 (Moyen Âge) > Études de cas. Economic history > Medieval Europe 500-1500 Electronic books. Case studies History Case studies. Études de cas.
Online Access:	Connect to the full text of this electronic book

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Summary:	In the 14th and 15th centuries, religion and law in Western Europe often prohibited the practice of usury--defined as the charging of any interest on loans. Many international bankers, who were predominantly Italian, made money by charging interest in circuitous ways. They also monetized the goodwill and leverage their 'interest-free' lending brought to them. This case study encourages readers to think about the multiple ways a business can make money from its product, and the implications such multiplicity has for business strategy and public policy.
Physical Description:	1 online resource.
Bibliography:	Includes bibliographical references and index.
ISBN:	9781526463968 1526463962