Legal Definition and Related Resources of Acknowledgment money
Meaning of Acknowledgment money
In English law. A sum paid by tenants of copyhold in some parts of England, as a recognition of their superior lords. Cowell; Blount. Called a fine by Blackstone. 2 Bl. Comm. 98.
What does Acknowledgment money mean in American Law?
The definition of Acknowledgment money in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
A sum payable by a copyhold tenant to the successor of the lord of whom he held the land, upon the death of the prior lord. It was, therefore, a form of death tax, but it went to the decedent’s estate (or to his successor), rather than coming from it (or him). The term implies clearly, however, that the new lord, in accepting his tenant’s acknowledgment of lordship, was thereby also acknowledging, i.e., confirming, the tenancy of the taxpayer. Similar payments (see, e.g., fine) became due from
persons holding freehold and other feudal tenancies upon the lord’s death.
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| Acknowledgment Money in the Dictionary | Acknowledgment Money in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Acknowledgment Money |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Acknowledgment Money in the World Encyclopedia of Law |
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This definition of Acknowledgment Money Is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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