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ATS Bible Dictionary

LOANS

Jehovah, as the sole proprietor of the land occupied by the Jews, required them, as one condition of its use, to grant liberal loans to their poor brethren; and every seven years, the outstanding loans were to become gifts, and could not be reclaimed. If a pledge was taken on making a loan, it must be done with mercy and under certain benevolent restrictions, Exodus 22:25,27 Deuteronomy 15:1-11 23:19,20 24:6,10-13,17. The great truth so prominent in this and similar features of the Mosaic laws, ought to be restored to its fundamental place in our theories of property; and no one who believes in God should act as the owner, but only as the steward of what he possesses, all of which he is to use as required by its great Owner. In the same spirit, our Savior enjoins the duty of loaning freely, even to enemies, and without hope of reward, Luke 6:34,35.


Copyright Statement
These dictionary topics are from American Tract Society Bible Dictionary published in 1859. Public Domain, copy freely.

Bibliography Information
Rand, W. W. "Entry for 'LOANS'". "American Tract Society Bible Dictionary".
<http://classic.studylight.org/dic/ats/view.cgi?number=T1255>. 1859.