A slave mortgage was a financial instrument used by financiers wherein money was lent on the basis of the value of enslaved people. There are records of slave mortgages in the United States (Louisiana, South Carolina, and Virginia) and in South Africa.
A slave mortgage was a financial instrument used by financiers wherein money was lent on the basis of the value of enslaved people. There are records of slave mortgages in the United States (Louisiana, South Carolina, and Virginia) and in South Africa.
Source: Wikipedia "Slave mortgage" · CC BY-SA 4.0
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