Lex Poetelia Papiria
Encyclopedia
The Lex Poetelia Papiria was a law passed in Ancient Rome
that abolished the contractual form of Nexum
, or debt bondage
. Livy
dates the law in 326 BC, during the third consulship
of Gaius Poetelius Libo Visolus, whereas
Varro
dates the law in 313 BC, during Poetelius' dictator
ship.
Ancient Rome
Ancient Rome was a thriving civilization that grew on the Italian Peninsula as early as the 8th century BC. Located along the Mediterranean Sea and centered on the city of Rome, it expanded to one of the largest empires in the ancient world....
that abolished the contractual form of Nexum
Nexum
Nexum was a debt bondage contract in the early Roman Republic. The debtor pledged his person as collateral should he default on his loan. Nexum was abolished by the Lex Poetelia Papiria in 326 BC.- The contract :...
, or debt bondage
Debt bondage
Debt bondage is when a person pledges him or herself against a loan. In debt bondage, the services required to repay the debt may be undefined, and the services' duration may be undefined...
. Livy
Livy
Titus Livius — known as Livy in English — was a Roman historian who wrote a monumental history of Rome and the Roman people. Ab Urbe Condita Libri, "Chapters from the Foundation of the City," covering the period from the earliest legends of Rome well before the traditional foundation in 753 BC...
dates the law in 326 BC, during the third consulship
Roman consul
A consul served in the highest elected political office of the Roman Republic.Each year, two consuls were elected together, to serve for a one-year term. Each consul was given veto power over his colleague and the officials would alternate each month...
of Gaius Poetelius Libo Visolus, whereas
Varro
Marcus Terentius Varro
Marcus Terentius Varro was an ancient Roman scholar and writer. He is sometimes called Varro Reatinus to distinguish him from his younger contemporary Varro Atacinus.-Biography:...
dates the law in 313 BC, during Poetelius' dictator
Dictator
A dictator is a ruler who assumes sole and absolute power but without hereditary ascension such as an absolute monarch. When other states call the head of state of a particular state a dictator, that state is called a dictatorship...
ship.