Prozbul

Prozbul
Halakhic texts relating to this article
Torah:Deuteronomy 15
Mishnah:Gittin 4:3, Shevi'it 10:3
Babylonian Talmud:Gittin 34b–37b
Jerusalem Talmud:Shevi'it ch. 10

The Prozbul (Hebrew: פרוזבול, borrowed from Koinē Greek: προσβολή)[1] was established in the waning years of the Second Temple of Jerusalem by Hillel the Elder. The writ, issued historically by rabbis, changed the status of individual private loans into the public administration, which made them ineligible for cancellation on the year of Shmita. This allowed the poor to receive interest-free loans before the Sabbatical year while protecting the investments of the lenders.

  1. ^ Raphael Patai (December 2007). The Jewish Mind. Hatherleigh Press. p. 64. ISBN 978-1578262465.