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Prozbul
The Prozbul ((ヘブライ語:פרוזבול) of Greek origin) was established in the waning years of the Second Temple of Jerusalem by Hillel the Elder. The writ, issued historically by rabbis, technically changed the status of individual private loans into the public administration, allowing the poor to receive interest-free loans before the Sabbatical year while protecting the investments of the lenders.
==Historical background==
The Torah mandates a Sabbatical year, known as ''Shmita'', every seventh year. Among other things, the departure of the year cancels all debts. This is one of the many laws in the Torah meant to protect the poor and disadvantaged, affording them a chance to escape from eternal debt.
Conversely, the law harmed the lenders who would never be reimbursed once the Sabbatical year ended to remit all debts. The wealthy refused to loan money during the latter years of the seven-year cycle, refusing the poor even a temporary opportunity to make ends meet.〔Pearce, Rabbi Stephen. ''(Re'eh: How Hillel Created Precedent For Changing Law )'' Jewish News Weekly of Northern California. August 9, 1996, accessed May 15, 2007.〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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