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Simple English definitions for legal terms
marcatus
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A quick definition of marcatus:
Term: MARCATUS
Definition: Marcatus is a fancy word that means the yearly rent that someone pays for a piece of land. It's like paying to borrow a toy from a friend, but instead of a toy, it's a big piece of land.
A more thorough explanation:
Marcatus (mahr-kay-təs), n. [Law Latin] Hist. The yearly rent of a tract of land.
Marcatus is a legal term used in the past to refer to the annual rent paid for a piece of land. This term is not commonly used today.
- John paid a marcatus of $500 for the use of the land for one year.
- The marcatus for the farm was due at the end of each year.
These examples illustrate how marcatus was used in the past to refer to the annual rent paid for a piece of land.