Montes Pietatis

The Concise Oxford Dictionary of the Christian Church | 2000 | 379 words | Copyright

Montes Pietatis. In the later Middle Ages, charitable institutions for lending money in cases of need. From the mid-15th cent. Italian Franciscans established many successful montes, which charged a low contribution towards expenses. They were opposed by the Dominicans on the ground that they offended the canonical prohibition of usury, but they were approved by Leo X in 1515.

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E. A. LIVINGSTONE. "Montes Pietatis." The Concise Oxford Dictionary of the Christian Church. 2000. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>.

E. A. LIVINGSTONE. "Montes Pietatis." The Concise Oxford Dictionary of the Christian Church. 2000. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O95-MontesPietatis.html

E. A. LIVINGSTONE. "Montes Pietatis." The Concise Oxford Dictionary of the Christian Church. 2000. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O95-MontesPietatis.html

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