name the terms of the bond
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This kindness will I show.
Go with me to a notary, seal me there
Your single bond, and—in a merry sport—
If you repay me not on such a day,
In such a place, such sum or sums as are
Expressed in the condition, let the forfeit
Be nominated for an equal pound
Of your fair flesh, to be cut off and taken
In what part of your body pleaseth me.
The terms are no interest, with the balance due on a specific day. If it's not paid, the penalty is a pound of flesh to be cut from whatever body part he chooses.
The Merchant of Venice