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Simple English definitions for legal terms
escot
Read a random definition: contingency fee
A quick definition of escot:
Term: ESCOT
Definition: In the past, people in towns and cities in England had to pay a special tax called escot. This tax helped to pay for things that were good for the community, like roads and buildings. It was like everyone putting a little bit of money together to make their town a better place to live.
A more thorough explanation:
Definition: Escot (e-skot) is a tax that was paid in boroughs and corporations in England to support the community.
Example: In medieval times, the citizens of a town would pay an escot to the lord of the manor to help maintain the roads and bridges.
Explanation: The example illustrates how an escot was used to support the community by funding infrastructure projects. The tax was paid by the citizens of the town, and the money was used to maintain the roads and bridges that were essential for the town's economy and transportation.