Significance of Adhigama
Adhigama, as defined in Dharmashastra, pertains to the concept of decision or determination, especially related to the establishment of interest rates. This term underscores the importance of making informed choices in financial matters within the framework of ancient Indian law, reflecting how economic principles were integrated into legal practices. Thus, Adhigama serves as a critical element in understanding the regulation of interest in historical contexts.
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
Hindu concept of 'Adhigama'
Adhigama in Hinduism signifies a process of decision-making or determination, especially relating to the establishment of interest rates, reflecting its importance in economic and ethical considerations within the faith.
From: Manusmriti with the Commentary of Medhatithi
(1) A term meaning decision or determination, particularly in the context of fixing interest rates.[1]