Fragment of a Greek loan contract secured by a hypothec (pledged property), dated by the consulship of Cornelius Palma. It mentions a borrower, heirs, the lender's rights and the security, and apparently involves someone from Philadelphia in the province of Arabia.
In English machine translation
In the consulship of Cornelius Palma […]
[…] Bacchius (?) of Philadelphia (?) […]
[…] having borrowed from him […]
[…] heirs of the […]
[…] and the aforementioned […]
and (if) the lender wishes […]
[…] in the time (?) he shall pay the […]
[…] it shall be permitted to him to keep possession (?) […]
[…] a hypothec (security)
to the lender […]
[…]
A hypothec is a security on property that remains with the debtor, with the creditor gaining rights over it in case of default. The text comes from the Judaean Desert finds, not Egypt; Philadelphia here is likely the city in Arabia (modern Amman).
Working translation of the DDbDP edition, made with Claude Opus 5.5 from the edition and the catalogue records shown below (catalogued as XḤev/Se papLoan with Hypothec gr). It has not been reviewed by a papyrologist: check the edition before citing. Restorations follow the edition; […] marks lost text and (?) an uncertain reading.