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The biblical requirement is that the Jubilee year was to be treated like a Sabbatical year, with the land lying fallow, but also required the compulsory return of all property to its original owners or their heirs, except the houses of laymen within walled cities, in addition to the manumission of all Israelite indentured servants. [17]
A jubilee is a special year of remission of sins, debts and universal pardon. In the Book of Leviticus, a jubilee year is mentioned to occur every 50th year (after 49 years, 7x7, as per Lev 25:8, NRSV) during which slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest.
A Jubilee is often used to refer to the celebration of a particular anniversary of an event, usually denoting the 25th, 40th, 50th, 60th, and the 70th anniversary. The term comes from the Hebrew Bible (see, "Old Testament"), initially concerning a recurring religious observance involving a set number of years, that notably involved freeing of debt slaves.
Between 1947 and 1956, approximately fifteen scrolls of Jubilees were found in five caves at Qumran, all written in Biblical Hebrew. The large number of manuscripts (more than for any Biblical books except for Psalms, Deuteronomy, Isaiah, Exodus, and Genesis, in descending order) indicates that Jubilees was widely used at Qumran.
The Great Jubilee in 2000 was a major event in the Catholic Church, held from Christmas Eve (24 December) 1999 to Epiphany (6 January) 2001. Like other previous Jubilee years , it was a celebration of the mercy of God and forgiveness of sins.
A jubilee is a particular anniversary of an event, ... Jubilee (biblical) (Hebrew yovel יובל), end of seven cycles of shmita (Sabbatical years) in the Mosaic Law;
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The Jubilee of Mercy was formally declared through the papal bull Misericordiae vultus, issued on 11 April 2015, which emphasizes the importance of mercy and the need to "gaze" on it; the bull also recalls the need for the Church to be more open, keeping alive the spirit of the Second Vatican Council.