interest day

Articial Building Intelligence with iTWO fm

Traditionally, St. Martin's Day on 11 November was the day of the tithe. Taxes used to be paid in kind, including geese, as the impending winter season made it possible to feed the animals through only in limited numbers. This day also marked the beginning and end of service, lease, interest and salary periods.

Even today, land leases often refer to "Martini" as the start and end date, as the time corresponds to the beginning and end of the natural farming period. Martinmas was therefore also called Interest Day.

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interest day