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Meaning: a joyful shout or clangour of trumpets
It lasted for a year. During this year the land was to be fallow, and the Israelites were only permitted to gather the spontaneous produce of the fields (Leviticus 25:11-12). All landed property during that year reverted to its original owner (13-34; 27:16-24), and all who were slaves were set free (25:39-54), and all debts were remitted.
The return of the jubilee year was proclaimed by a blast of trumpets which sounded throughout the land. There is no record in Scripture of the actual observance of this festival, but there are numerous allusions (Isaiah 5:7, 8, 9, 10; 61:1-2; Ezek. 7:12-13; Neh. 5:1-19; 2 Chronicles 36:21) which place it beyond a doubt that it was observed.
The advantages of this institution were manifold.