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Simple English definitions for legal terms
gavelgeld
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A quick definition of gavelgeld:
Term: GAVELGELD
Definition: Gavelgeld is a word from history that has two meanings. The first meaning is property that makes money or a toll. The second meaning is the actual money or toll that is paid.
A more thorough explanation:
Definition: Gavelgeld (gav-uhl-geld) is a historical term that refers to property that yields a profit or a toll. It can also refer to the tribute or toll itself.
Examples:
- A landlord charging rent for a property is an example of gavelgeld.
- In medieval times, tolls were collected from travelers passing through certain areas. This toll was also known as gavelgeld.
The examples illustrate how gavelgeld refers to a form of payment or profit that is collected from property or individuals. In the first example, the landlord collects rent as a form of gavelgeld. In the second example, tolls were collected from travelers as a form of gavelgeld.