Also known as:fēnus · fenoris · usury · interest · fenus nauticum
Written by attorneys · grounded in primary & secondary sources — see below
Interest calculated solely on the principal amount without compounding, as recognized in Roman law.
Sources & Authorities· 40 primary sources
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Cases
Statutes
How it applies
Common Examples
6
Simple Interest on Stolen Goods Value
Forrest Falconer took tangible personal property from Fernando Farrell with intent to deprive him permanently. A court calculated the value of the loss using the principal amount of the property's worth at the time of the taking.
Interest During Executory Period
Felix Franco contracted to sell land to Francois Fortier. After formation, the seller held title in trust and the buyer paid on the purchase price during the executory period before closing.
Interest in Absent Party Claim
Francesca Fiore claimed an interest in the subject of a civil action. The court considered whether disposing of the action without her would impair her ability to protect that interest, including any funds accruing on related amounts.
Flora Ford moved for a new trial after judgment. The court vacated the judgment in the interest of justice to recalculate on the principal damages awarded.
Prior Testimony on Interest Amount
Fidelity Trust offered prior testimony against Frontier Capital. The testimony addressed the calculation and the party had opportunity to examine the declarant on that point.
Judge's Economic Interest Disclosure
Flagship Logistics appeared before a judge who knew his spouse held an economic interest in the company. The judge recused because the interest included on loans tied to the proceeding.
Common questions
Frequently Asked
1
What does fenus mean in Roman law?+
Fenus refers to simple interest calculated only on the principal without compounding.
Supporting sources
410 U.S. 113 (1973)Constitutional Law
…State. Pp. 163-164. (d) For the stage subsequent to approximately the end of the first trimester, the State, in promoting its interest in the health of the mother, may, if it chooses, regulate the abortion procedure in ways that are reasonably related to maternal health. Pp. 163-164. (e) For the stage subsequent to…