"Debitor" Quotes from Famous Books
... is that by John Gouge in 1543, entitled: "A Profitable Treatyce called the Instrument or Boke to learn to know the good order of the keeping of the famouse reconnynge, called in Latin, Dare et Habere, and, in Englyshe, Debitor and Creditor." It was in Italy that modern technique of clearing bills was developed; the simple system by which balances are settled not by full payment of each debt in money, but by comparing {520} the paper certificates of indebtedness. This immense saving, as developed by the Genoese, was soon ... — The Age of the Reformation • Preserved Smith |