Posts Tagged ‘creditor’

Samuel Johnson: Acceptilation

Posted by admin on Thursday, August 31, 2023

Meaning of Samuel Johnson Money Quote: saying a term of finance in civil law regarding money that has not been paid. Samuel Johnson said:

 
ACCEPTILATION  n.s. A term of the civil law,importing the remission of a debt by an acquittance from the creditor, testifying the receipt of money which has never been paid Quote
 

“ACCEPTILATION n.s. A term of the civil law,importing the remission of a debt by an acquittance from the creditor, testifying the receipt of money which has never been paid” — Samuel Johnson

 

Share </> Quote Image

Share the Samuel Johnson Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

In this quote, Samuel Johnson is providing the definition for the legal term “acceptilation”. He explains that acceptilation refers to a situation in civil law where a creditor officially acknowledges, through an acquittance or receipt, that a debt has been paid even though the money was never actually received.

Essentially, it means the creditor is falsely claiming payment was made in order to legally discharge the debt when in reality it remains unpaid. The quote suggests acceptilation allowed creditors to remit or cancel debts on paper through deception rather than genuine settlement or repayment of what was owed.

Jacob Lund Fisker: Debt Owned

Posted by admin on Friday, July 7, 2023

Meaning of Jacob Lund Fisker Money Quote: saying If in debt, you are owned by that debt and the creditor. Jacob Lund Fisker said:

 
If you have debt, you're not a free person. You're explicitly owned by your debt and implicitly owned by the creditor Quote
 

“If you have debt, you’re not a free person. You’re explicitly owned by your debt and implicitly owned by the creditor” — Jacob Lund Fisker

 

Share </> Quote Image

Share the Jacob Lund Fisker Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

Jacob Lund Fisker is suggesting that having debt, especially significant debt, can compromise one’s freedom and independence. By owing money to creditors, the debtor is “explicitly owned” by the debt in that they are obligated to repay it.

They are also “implicitly owned” by the creditor, in that the creditor has power and influence over the debtor through their owed debt. Fisker’s view is that being in debt means one is no longer fully in control of their own decisions and finances, since paying back creditors must now be a priority.

He sees debt as limiting one’s autonomy and ability to freely choose their own path without obligation to others.

James Howell: Creditor Memory

Posted by admin on Wednesday, March 25, 2020

James Howell Money Quote saying that someone who owes money tends to forget about payments faster than the creditor who wants to collect that money. James Howell said:
 
The creditor hath a better memory than the debtor Quote
 

“The creditor hath a better memory than the debtor” — James Howell

 

Share </> Quote Image

Share the James Howell Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

P.G. Wodehouse: Debtor vs. Creditor Fun

Posted by admin on Monday, August 10, 2015

P.G. Wodehouse Money Quotation saying having fun when you owe money is very
different from enjoying yourself when others owe you. P.G. Wodehouse said:
 
ideas of debtor and creditor as to what constitutes a good time never coincide Quote
 

“The ideas of debtor and creditor as to what constitutes a good time never coincide” — P.G. Wodehouse

  

Share </> Quote Image

Share the P.G. Wodehouse Money quote image above on your site:

 Short Link to this Quote:

[collapse]

  

Angel Boligan, El Universal, Mexico City, www.caglecartoons.com Plastic Spending Credit Cards

Angel Boligan, El Universal, Mexico City, www.caglecartoons.com

Victor Hugo: Money Slavery

Posted by admin on Monday, June 27, 2011

Victor Hugo Money Quotation saying owing money can hurt your personal value worse than being personally owned by another human master. Victor Hugo said:
 
A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it Quote
 

“A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it” — Victor Hugo

 

Share </> Quote Image

Share the Victor Hugo Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Victor Hugo is drawing a comparison between creditors and slave-owners, suggesting that the burden of debt can be even more demeaning. By stating that a creditor “owns your dignity, and can command it”, Hugo implies that being deeply indebted means sacrificing your self-respect and independence as you must obey the demands of your creditors.

The best interpretation is that Hugo believed debt servitude stripped away one’s autonomy and freedom in a manner similar to how slavery stripped physical liberty, with the additional psychological toll of losing self-determination and dignity.

The quote conveys Hugo’s view that oppressive debt could undermine a person’s sense of self-worth and agency more thoroughly than even human bondage.

Money Quotes Daily

Money Quotes Daily