Loans (loans), insurance, and default

Credit, because a real economy has it, and debt is the world's motif.

What you see

The rules

  1. A Loan is a split-stick item: lender keeps one half, borrower the other; terms (amount, due Vesper, collateral item or Hold share) are on both halves; the Ledger records it.
  2. On the due Vesper the engine settles from the borrower's bank; shortfall seizes collateral; if uncollateralized, the borrower is Owing (a Ledger badge) and a bounty equal to the debt is auto-posted, claimable by anyone who delivers the debtor's unbanked loot to the lender. Debt makes the world hunt you; this is Vesperan.
  3. Mercantile levels raise the number of open Loans a lender may hold and the interest they may charge (capped).

Hidden

There is more to this system than the rules above. Nobody has registered a discovery yet.

Generated from the game's own rules and tables by the Wiki agent. If the wiki and the game disagree, the wiki is out of date, not wrong.