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PROZBUL

Prozbul

Rabbinic writ preventing cancellation of loans

The Prozbul (Hebrew: פרוזבול, borrowed from Koine Greek: προσβολή) is a halachic mechanism allowing for the collection of debts against loans that have

Prozbul

Hillel the Elder

Jewish sage (c. 110 BCE – 10 CE)

decrees handed down in his name. The most famous of his enactments was the Prozbul, an institution that, in spite of the law concerning cancellation of debts

Hillel the Elder

Hillel_the_Elder

Orthodox Judaism

Traditionalist branches of Judaism

of Hanukkah, to bypassing the Biblical ban on charging interest via the Prozbul, and up to the 1950 marital rules standardized by the Chief Rabbinate of

Orthodox Judaism

Orthodox_Judaism

Loans and interest in Judaism

Jewish law on financial transactions

Association of Hebrew Free Loans Islamic banking and finance Money changer Prozbul (a Jewish writ making loans ineligible for cancellation) Shmita (seventh/last

Loans and interest in Judaism

Loans_and_interest_in_Judaism

Hellenistic Judaism

Form of Judaism in classical antiquity

introduced by Hillel had Greek names, most famously the Talmudic notion of Prozbul, from Koine Greek προσβολή, "to deliver": Unlike literary Hebrew, popular

Hellenistic Judaism

Hellenistic_Judaism

Conservative Judaism

Jewish religious movement

that enabled the bypassing of prohibitions in the Pentateuch, like the Prozbul or Heter I'ska. In 1948, when employing those was first debated, Rabbi

Conservative Judaism

Conservative_Judaism

Tikkun olam

Concept in Judaism

without a formal oath. (4:3) Witnesses must sign the divorce document. (4:3) Prozbul was instituted. (4:3) If an enslaver set aside an enslaved person as a

Tikkun olam

Tikkun_olam

Shevi'it (tractate)

Jewish agrarian law from the Mishnah

established to allow a creditor to reclaim a debt after the Sabbatical year (Prozbul). The laws are derived from the Torah in Exodus 23:10–11, Leviticus 25:1–7

Shevi'it (tractate)

Shevi'it_(tractate)

History of debt relief

remitted. Around the beginning of the 1st century CE Hillel established the prozbul loophole which enabled lenders to offer loans which could not be remitted

History of debt relief

History_of_debt_relief

Shmita

Seventh year of Jewish agricultural cycle

debts applies only to debts between Jews, to develop a device known as prozbul in which the debt is transferred to a beth din. When owed to the court

Shmita

Behar

Portion of the Book of Leviticus

instituted the prozbul, a court exemption from the Sabbatical year cancellation of a loan. The Mishnah taught that any loan made with a prozbul is not canceled

Behar

Samuel of Nehardea

Babylonian rabbi (c.165-c.254)

taken from an orphan was not canceled in the Sabbatical year, even if no prozbul had been made out for it. He stored his grain until prices had risen, in

Samuel of Nehardea

Samuel_of_Nehardea

Shlach

Annual Jewish cycle of Torah reading

instituted the prozbul, a court exemption from the Sabbatical year cancellation of a loan. The Mishnah taught that any loan made with a prozbul is not canceled

Shlach

Takkanah

Novel edict in Jewish religious law

glass is impure By Hillel the Elder (75 BC - 5 AD): Introduction of the prozbul the purchase-money of a house to be deposited in the Second Temple; the

Takkanah