Scaccarium Aaronis

Scaccarium Aaronis
Lit. 'Aaron's exchequer'. After the death of Aaron (the Jew) of Lincoln in 1185, a special department of the crown's *exchequer was created, his fortune and debts owed having escheated to the crown. Previously all his business had been done under royal protection. Apart from what the English king owed, among other debtors were the king of Scotland, the archbishop of Canterbury, several bishops, abbots and earls. Aaron had also provided the capital for the building of nine *Cistercian houses, and the abbeys of Peterborough and St Albans.

Dictionary of Medieval Terms and Phrases. .

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  • Usury — OldEngl. law stated that any compensation for lending money, i.e. interest or making a profit from lending, was usury; later the word was applied to excessive interest rates. The Greek word for interest was tokos = offspring. From this, usury was …   Dictionary of Medieval Terms and Phrases

  • AARON OF LINCOLN — (c. 1123–1186), English financier. Aaron probably went to England from France as an adult. His recorded transactions extended over a great part of England and his clients included bishops, earls, barons, and the king of Scotland. Aaron advanced… …   Encyclopedia of Judaism

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